• 2022-06-10
    The term CIF under Incoterms 2020 requires the seller to procure insurance for the buyer, but only minimum coverage.
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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.

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      According the Incoterms, under DDP term, the customs clearance in the import country should be procured by ________ . A: The seller B: The agent C: The custom D: The buyer

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      Under ( ) term it is especially important for the seller to provide shipping advice to the buyer。 A: FOB B: CIF C: FCA D: CFR

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      The Incoterms 2010 requires the buyer to handle the import customs clearance except under .

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      Under the CIF term,the risk loss or damage to the goods is transferred from the seller to the buyer when the goods pass the ship’s rail in the port of destination.( )