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CIF Is a Pricing Term That Indicates the Seller Is

question 16

True/False

C.I.F is a pricing term that indicates the seller is responsible for paying the cost of the goods that are the subject of the sale as well as insurance and freight for their delivery.


Definitions:

Personal Reference

The use of personal experiences, feelings, or opinions by an individual to explain or support a point during communication.

Arouse Enthusiasm

The act of generating excitement, motivation, or keen interest in individuals or groups towards a certain activity, goal, or subject.

Vroom-Jago Leader-Participation Model

A leadership theory that suggests the effectiveness of a decision-making process is influenced by the leader's involvement and the participation of subordinates.

Shares the Problem

A collaborative approach to problem-solving where team members or stakeholders work together to identify, analyze, and solve issues.

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