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
When we know that there is a FOB price, there must be a CIF price. For a long time, people used to refer to FOB terms in international trade as "FOB price", which also refers to the term "CIF" containing freight and insurance. But the real CIF is not CIF, but DES. DES means d...
FOB(Free on Board):The seller quotes a price including the cost of delivering goods to the nearest port. The buyer bears all the shipping expenses and is responsible to get the products from that port to its final destination. In simple terms, FOB price means the buyer has to bear the s...
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, and all export requirements. The buyer accepts the risk once the cargo is aboard the ship. FOB pricing will always include a seaport where the seller agrees to export. Anytime a quotation includes FOB, it means the seller confirms this responsibility. A city name must always follow FOB....
What does the term FOB stand for? "Free on board" is what FOB stands for. It is a designation which indicates that the liability and ownership of the goods have been transferred from a seller to a buyer. This means that if the goods get damaged or destroyed during the shipping, the se...
FOB means that the price of the goods includes delivery to the buyer's location at a specific (pre-agreed location) which the seller pays for, after which time the onus is on the client to pay. FOB pricing is used for international shipments as well as domestic ones. It’s an ideal ...
Well, when an order is labeled as FOB Origin it simply means that any transfer of responsibility or ownership happens only when the goods leave the hands of the seller. In that case, if the goods need to be shipped to the buyer. It’s the buyer who will pay for the freight charges....
What Does FOB Mean? FOB means that the responsibility and costs of shipping goods fall not on the seller but on the buyer. There are many advantages to this shift in roles and it is popular in cases where bulk orders are filled. The seller will load the goods onto a ship communicated ...
If you encounter the wordsFreight On Board, it means the same. WhileFree On Boardis the official term,Freight On Boardis also unofficially often used for the same process. Summed up: FOB is highly relevant to define who is responsible for the shipment’s loss or damage if anything happens...