Diag. $5-$ Incoterm ${?}^{o+}$ is CIF named PORT $($Incoterms ${?}^{}2020)$arrange and pay for insurance coverage in the Buyer's name. Only minimum required

coverage is extended only up to the named port or place. The insured value is $110\%$ of

For all other Incoterms ${?}^{o+},$ there is no obligation for either party to provide insurance, but

it is always a good idea. If any damage or loss of the shipment occurs before the Seller

As an option, the Seller can make sure that he has insurance coverage for the part of

Additionally, all parties are encouraged to obtain sufficient "contingency" insurance to

You are asked to manage the following two shipments of intermodal cargo going by

TEU $($sea$)$ or ULD $($air$).$

$(8$ mks$)$ Use Shipments A and $B($above$)$ to completely label the diagram with

locations of delivery and shade the seller's obligations for the following

containerized shipments:

a$.$ Shipment B $-$ Incoterm is EXW

What is the complete Incoterm ${?}^{o+}?$

b$.$ Shipment A $-$ Incoterm is CPT

What is the complete Incoterm ${?}^{}?$

c$.$ Shipment B $-$ Incoterm ${?}^{}$ is CIF $($port$)$

What is the complete Incoterm ${?}^{o+}?$

d$.$ Shipment A $-$ Incoterm$($B$)$ is DPU port

What is the complete Incoterm ${?}^{o+}?$

Diag. $6-$ Incoterm ${?}^{}$ is CPT named place $($Incoterms ${?}^{o+}2020)$

Diag. $7-$ Incoterm is CIP named place $($Incoterms ${?}^{}2020)$

Diag. $8-$ Incoterm ${?}^{}$ is DPU named place $($Incoterms ${?}^{ox}2020)$

Diag. $9-$ Incoterm ${?}^{}$ is DAP named place $($Incoterms ${?}^{}2020)$