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:

Registration Requirements

Legal obligations mandating the registration of certain information, entities, or activities with governmental authorities for regulation and oversight purposes.

SEC

The Securities and Exchange Commission (SEC) is a U.S. government agency responsible for regulating the securities markets and protecting investors.

Capital

Assets or resources, especially financial wealth, used or available for use in the production of more wealth.

SEC

The U.S. Securities and Exchange Commission, a federal agency responsible for enforcing federal securities laws and regulating the securities industry, stock and options exchanges.