Answered step by step
Verified Expert Solution
Question
1 Approved Answer
A buyer in Aberdeen, United Kingdom purchases a pump from a seller in Florence, Italy. If the Incoterms ? o + agreed was EXW Florence
A buyer in Aberdeen, United Kingdom purchases a pump from a seller in Florence, Italy. If the Incoterms agreed was EXW Florence Pump Factory Incoterms then which of the following statement is true?
Select the correct option and click Submit.
The seller is responsible for preparing the pump for the buyer and organising its export formalities from Italy.
The seller is responsible for packing the pump and transporting it to the UK
The seller is responsible for loading the pump onto a vehicle nominated by the buyer at the seller's pump factory.
The seller is responsible for preparing the pump for the buyer to collect.
SUBMIT
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started