Prices Quoted Ex-Works (EXW) Are When the Seller Agrees to Place

question 7

Multiple Choice

Prices quoted ex-works (EXW) are when the seller agrees to place the goods at the disposal of the buyer at the specified place on the date or within the fixed period. At which point do these prices apply?

• A) At the end of the contract
• B) Only at the point of origin
• C) Throughout the entire process
• D) Before, during and after the process

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Definitions:

High Rates

Instances or occurrences that happen at a greater frequency, often used in statistical and observational contexts.

Outgroup

“Them”—those perceived as different or apart from our ingroup.

Different

Not being the same as another or each other; distinct in nature, form, or quality.

Perceived

The way in which an individual notices or understands something through their senses or interpretation.