The Difference Between Terms "CFR" and "CIF" Is That Under

question 71

True/False

The difference between terms "CFR" and "CIF" is that under "CIF" term of sale,the buyer must procure his own marine insurance coverage on the goods.

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Definitions:

Otitis

Inflammation or infection of the ear.

Tympanic

Relating to the tympanum or eardrum, part of the middle ear involved in hearing.

Vestibule

An entrance hall or other open area in a building used by the public, particularly the space at the entrance to a structure.

Organ of Corti

The Organ of Corti is the sensory organ located within the cochlea of the inner ear, responsible for converting sound vibrations into neural signals.