Rifah Co Is Exporting Dates, Nuts, and Other Dried Goods

question 36

Multiple Choice

Rifah Co is exporting dates, nuts, and other dried goods from Lebanon to Sam's Importing in Halifax. Rifah insists that the shipping term in its sales contract is "FOB (INCOTERMS 2000) Ship "X" Beirut." This means that Rifah Co is responsible for

• A) putting the goods on board Ship "X" in Beirut harbour, but risk of loss do not pass to the buyer until the goods reach Halifax.
• B) putting the goods on board Ship "X" in Beirut harbour, where risk of loss passes to the buyer.
• C) ensuring that the price of the goods does not fluctuate and that the goods arrive in appropriate condition.
• D) making the goods available to Sam's Importing at its warehouse in Halifax, where risk of loss and ownership pass to the buyer.
• E) making the goods available to Sam's Importing at Rifah's warehouse premises in the suburbs of Beirut, where risk of loss and ownership pass to the buyer.

---

Definitions:

Computer-Assisted Instruction

An educational method that uses computer software and hardware as a means to deliver instructional material and activities.

Evaluation Tool

An instrument or methodology utilized to assess or measure performance, skills, knowledge, or outcomes.

Retention

The ability to keep, hold, or maintain something over time, such as information in memory or employees in a company.

Client Behavior

The actions or reactions of a client in the context of a professional relationship or service.