In an EXW Transaction the Exporter and Importer Are Required

question 10

Multiple Choice

In an EXW transaction the exporter and importer are required to agree on a mutually acceptable time/date for delivery. At which point does responsibility pass from exporter to importer?

• A) Once the shipment is at the destination
• B) At the point of origin.
• C) Once the shipment is in international waters
• D) As soon as import clearance is complete

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Definitions:

Sugar

A sweet-tasting, soluble substance obtained from plants like sugar cane and sugar beet, used primarily as a sweetener in food and beverages.

Combining Form

In linguistics, especially in the formation of compound words, a morpheme that is used in combination with another form to create a new word or term.

Poison

Substances that cause harm, illness, or death when ingested, inhaled, or absorbed into the body in sufficient quantities.

Toxin

A harmful substance produced within living cells or organisms; can cause disease when introduced into the body tissues.