Which Type of INCOTERM Is Used When the Importer Takes

question 7

Multiple Choice

Which type of INCOTERM is used when the importer takes total responsibility for a shipment at the origin point?

• A) C
• B) D
• C) E
• D) F

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Definitions:

Landslide Defeat

A term used in politics and other competitions to describe an overwhelming victory for one side and a massive loss for the other, often unexpected and by a large margin.

Inaugural Address

A ceremonial speech given by a newly inaugurated or sworn-in head of state, often outlining the leader's intended policies and objectives.

Soviet Union

A socialist state that existed from 1922 to 1991, officially known as the Union of Soviet Socialist Republics (USSR), comprising Russia and several other republics.

Consumer Culture

A societal framework in which buying and using goods and services is promoted as a primary social and economic activity.