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

---

Definitions:

Subcontracting

The practice of a company hiring another company to perform tasks, handle operations or provide services that are either difficult to manage or are outside the company's expertise.

Electromation Case

A legal case involving Electromation, Inc., that significantly impacted labor law, particularly regarding employer-employee negotiation processes.

Employee Committees

Groups formed within a business or organization consisting of employees tasked with addressing specific issues or tasks.

Management Formation

The process of organizing and setting up a team of managers or the structure of management within an organization.