When the Seller Has Agreed to Deliver the Goods to the Buyer

question 90

Multiple Choice

When the seller has agreed to deliver the goods to the buyer at the place the buyer names in the country of import, with all costs, including duties paid is referred to as:

• A)DDP.
• B)FCA.
• C)FAS.
• D)FOB.
• E)CIF.

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Definitions:

Typical Investor

An average or representative investor who reflects the general behaviors and preferences of the larger investing public.

High Risk Assets

Investments known to have a greater chance of loss or extreme fluctuations in value, often seeking higher rewards.

Low Risk Assets

Investments that have a lower probability of loss or less volatility compared to the market average.

Market Structure

The organizational and other characteristics of a market, including the nature of competition and the degree of market concentration.