How Are the Shipping Terms C

question 25

Multiple Choice

How are the shipping terms C.I.F. and F.O.B. point of shipment similar to each other?

• A) Both require the seller to bear the expense and risk of loss until the goods are tendered to the buyer at the place of destination.
• B) Both require the seller to bear the expenses and risk of loss when handing the shipment to a carrier.
• C) Both require the seller to deliver and tender the goods alongside the named vessel provided by the buyer.
• D) Both require the seller to bear the expense and risk of loss until the goods are unloaded from the ship at its port of destination.

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Definitions:

Standard Deviation

A statistical measure of the dispersion or variability of a set of data points, often used to quantify the risk associated with a particular investment or portfolio.

Gold Stock

Shares in gold mining companies or in exchange-traded funds or instruments that invest in gold.

Good Economy

A state of economic prosperity characterized by high employment, steady growth, and controlled inflation.

Poor Economy

A condition where there is a decline in financial and economic activities, leading to higher unemployment rates and lower consumer spending.