Under the CIF term the( )must contract for the cargo insurance.
A: carrier
B: buyer
C: consignee
D: seller
A: carrier
B: buyer
C: consignee
D: seller
举一反三
- Under the trade term CIP, the( )must contract for the cargo transportation insurance.
- The term CIF under Incoterms 2020 requires the seller to procure insurance for the buyer, but only minimum coverage.
- 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
- Under the FOB term, ____is paying for the necessary handling of goods until they are loaded on board the vessel。( ) A: the seller B: the buyer C: the carrier
- 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.