Incoterms Quiz: Terms, Costs & Risks

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Incoterms basics

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Valeria

Mexico

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Incoterms Quiz: Terms, Costs & RisksVersion en ligne Incoterms basics par Valeria 1 DDP means the buyer is responsible for paying import duties. Yes No 2 FCA means delivery occurs when the goods are handed over to the carrier at a named place. Yes No 3 FOB requires the seller to deliver the goods on board the vessel at the named port. Yes No 4 DDP places the maximum obligation on the seller, who must clear goods for import and pay duties. Yes No 5 CIF involves the seller paying freight and minimum insurance to the named destination port. Yes No 6 EXW makes the seller responsible for export clearance. Yes No 7 FAS requires delivery when the goods are placed on board the ship. Yes No 8 Incoterms specify who bears costs, risks, and responsibilities for transport and delivery. Yes No 9 Incoterms also determine payment methods like letters of credit. Yes No 10 CIP allows the buyer to insure the goods for any loss; the seller has no obligation to arrange insurance. Yes No

Incoterms Quiz: Terms, Costs & RisksVersion en ligne

Incoterms basics

par Valeria

DDP means the buyer is responsible for paying import duties.

Yes

FCA means delivery occurs when the goods are handed over to the carrier at a named place.

Yes

FOB requires the seller to deliver the goods on board the vessel at the named port.

Yes

DDP places the maximum obligation on the seller, who must clear goods for import and pay duties.

Yes

CIF involves the seller paying freight and minimum insurance to the named destination port.

Yes

EXW makes the seller responsible for export clearance.

Yes

FAS requires delivery when the goods are placed on board the ship.

Yes

Incoterms specify who bears costs, risks, and responsibilities for transport and delivery.

Yes

Incoterms also determine payment methods like letters of credit.

Yes

CIP allows the buyer to insure the goods for any loss; the seller has no obligation to arrange insurance.

Yes

Vous pouvez intégrer le jeu dans un LMS compatible avec LTI 1.1 ou LTI 1.3 comme Canvas, Moodle ou Blackboard. Les scores seront ainsi automatiquement enregistrés dans le carnet de notes de la plateforme.

Incoterms Quiz: Terms, Costs & Risks

Oui ou Non

À propos de cette activité

Créé par

Téléchargez la version pour jouer sur papier

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Incoterms Quiz: Terms, Costs & RisksVersion en ligne

par Valeria

DDP means the buyer is responsible for paying import duties.

FCA means delivery occurs when the goods are handed over to the carrier at a named place.

FOB requires the seller to deliver the goods on board the vessel at the named port.

DDP places the maximum obligation on the seller, who must clear goods for import and pay duties.

CIF involves the seller paying freight and minimum insurance to the named destination port.

EXW makes the seller responsible for export clearance.

FAS requires delivery when the goods are placed on board the ship.

Incoterms specify who bears costs, risks, and responsibilities for transport and delivery.

Incoterms also determine payment methods like letters of credit.

CIP allows the buyer to insure the goods for any loss; the seller has no obligation to arrange insurance.

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