Insurance is to be_________ by the seller if a transaction is concluded on CIF basis.
举一反三
- Insurance is to be_________ by the seller if a transaction is concluded on CIF basis. A: done B: covered C: made D: taken
- In the CIF transaction, the seller is required to obtain insurance only on minimum cover.
- In a CIF transaction, the seller is responsible for buying the insurance for the goods.在CIF交易中，由出口商负责办理保险。
- On the basis of FOB or CFR, insurance is to be covered by the seller. On basis of CIF, insurance is the buyer’s work. ( )
- In a transaction with CIF price, what are the expenses the seller should cover? A: Overhead Expense & Lump sum charge B: Ocean Freight C: Insurance Premium D: Banking Charge