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In a Destination Contract,risk of Loss Passes to the Buyer

question 14

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In a destination contract,risk of loss passes to the buyer when the goods


Definitions:

Negotiated

The process of discussing to reach an agreement in business, employment conditions, or contracts.

Export Controls List

A regulatory list that identifies items subject to export restrictions or licenses, often for reasons of national security, foreign policy, or trade objectives.

Export Broker

A person or company that acts as an intermediary, arranging for goods to be sold and shipped to overseas buyers.

Prohibited Components

Items or substances that are not allowed to be used in the manufacture or assembly of a product due to legal, safety, or health reasons.

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