• 2022-06-10
    Insurance is to be_________ by the seller if a transaction is concluded on CIF basis.
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      ______ the CIF London basis, prices quoted include insurance and freight ______ London.

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      中国大学MOOC: our ___ of insurance is to be effected by the sellers on CIF basis, London.

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      Since the transaction is made CIF basis, you are to ship the goods. A: at B: by C: on D: in

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      Unde CIF terms , The seller pays the costs and freight and insurance of the goods to the named port of destination. This is where costs transfer from seller to buyer .

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      which ones the following statements of CIF are 'ture' ? A: Under CIF, the Seller is required to obtain insurance only on minimum over. B: CIF stands for cost, Insurance and Freight (… named port of destination) C: The seller must present a bill of lading or other maritime document to the buyer. D: CIF rule is to be used irrepective of the mode of transport selected.