The common feature of an FOB contract and an FAS contract is that theThe common feature of an FOB contract and an FAS contract is that the
seller must load the goods on a named ship. ( )
seller must load the goods on a named ship. ( )
举一反三
- If the contract is based on FOB, the seller will not take the responsibility when the goods are damaged on board.
- Under ,the seller need to contract for insurance cover against the buyer’s risk of loss of or damage to the goods during the carriage() A: CFR B: FOB C: FAS D: CIF
- The CIF seller must contract for and pay the costs and ______ necessary to bring the goods to the named port of ______ . The seller also contracts for the ______ cover insurance.
- If a contract is concluded on FOB basis, the contract price indicates the __________.
- FOB is a shipment contract term.