How Are the Shipping Terms C

question 25

Multiple Choice

How are the shipping terms C.I.F. and F.O.B. point of shipment similar to each other?

• A) Both require the seller to bear the expense and risk of loss until the goods are tendered to the buyer at the place of destination.
• B) Both require the seller to bear the expenses and risk of loss when handing the shipment to a carrier.
• C) Both require the seller to deliver and tender the goods alongside the named vessel provided by the buyer.
• D) Both require the seller to bear the expense and risk of loss until the goods are unloaded from the ship at its port of destination.

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Definitions:

Secondary Contacts

Individuals or entities that are not directly involved in an interaction or transaction but may indirectly influence or be affected by it.

Interpersonal Relationship

A strong, deep, or close association or acquaintance between two or more people that may vary in duration and in the level of intimacy and mutual commitment.

Mentor

An experienced individual who offers guidance, advice, and support to a less experienced person, often within a professional or educational context.

Protégé

A person who is guided and supported by an older and more experienced or influential person.