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For the following question, assume Seller is in Madrid, Spain. Buyer is in New York.Original EXW Madrid price is $10,000;Inland freight to Port of Barcelona,
- For the following question, assume Seller is in Madrid, Spain. Buyer is in New York.Original EXW Madrid price is $10,000;Inland freight to Port of Barcelona, Spain is $200;Export documentation is $50;Ocean freight from Barcelona to New York is $1,000;Insurance is $200;Import clearance: duty is 10% of EXW value + import clearance charges of $150;Inland freight in New York is $200. The correct CIF New York price the seller should quote is:
- $12,800
- $11,200
- $11,450
- $11,250
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Commentaries And Cases On The Law Of Business Organization
Authors: William T. Allen, Reinier Kraakman, Vikramaditya S. Khanna
6th Edition
1543815731, 978-1543815733
