百度试题 题目What are ‘CIF’、‘FOB’、‘CFR’ means?相关知识点: 试题来源: 解析 CIF price (Cost Insurance and Freight 到岸价) FOB price (Free on board 离岸价格) CFR price (Cost and Freight 成本加运费)反馈 收藏
In most cases, buyers prefer FOB price since it is relatively lower than CFR, CIF, etc. and offers them greater control over shipping and transit time. Most buyers ask for FOB, EXW, and DDU rates from their manufacturers or suppliers and transportation charges from freight companies to make ...
The main difference between CIF and FOB is the party that is responsible for the goods while they are in transit. With a CIF agreement, the seller is liable for the goods during transit, and with a FOB, the buyer is liable for the goods during transit. Other than that, there is not ...
so they also ask their sellers for FOB price. But actually, they need aCIF pricewhich is more suitable for them. The seller will give a FOB quotation according to the buyer’s wrong requirement and description. So there is a failure of communication between the two parties...
Importing from China, Many beginner entrepreneurs who start importing from China do not know which Incoterms option to choose when importing goods. Is FOB or CIF better for importing? Almost all Chinese companies will deliver our goods using the shipping method specified in our order. This is wh...
TheFOB is different from the Cost, Insurance and Freight (CIF)rule, where the seller is responsible for the goods until they are delivered to the buyer. However, with FOB, there are two possibilities based on the terms of the agreement. Depending on the type of FOB terms signed, the sell...
FOB is generally the cheaper option for buyers and importers. Although FOB buyers have to pay the costs of freight, insurance, and unloading expenses, this usually is still less expensive than having to pay seller fees for other types of ownership transfer agreements, like CIF. FOB is generally...
A seller in India agrees with a buyer in Canada on an FOB shipping point. The buyer is responsible for all costs associated with transporting the goods from India. Legal Terms Similar to FOB CIF (Cost, Insurance, and Freight) EXW (Ex Works) CFR (Cost and Freight) CPT (Carriage Paid To...
FOB contracts are generally more cost-effective because buyers have more control over shipping and insurance. Cost, Insurance, and Freight (CIF) CIFis commonly used for large deliveries, including oversized goods, that are shipped by sea. The seller has the responsibility of loading the shipment ...
CIF means Cost, Insurance and Freight. This Incoterm (international commercial term) is also commonly referred to as DDP, which means Delivered Duty Paid to the destination port. The supplier basically takes responsibility for the product from manufacturing, freight, customs and duty for the buyer...