Question
From the selection below, which terms apply to the Incoterms for a FOB trade?. 1. Buyer takes possession at port of shipment 4. Risk transfers
From the selection below, which terms apply to the Incoterms for a FOB trade?.
| 1. Buyer takes possession at port of shipment | 4. Risk transfers at departure port |
| 2. Seller arranges and pays for shipping | 5. Buyer takes possession at port of destination |
| 3. Risk transfers at destination port | 6. Buyer arranges and pays for shipping |
| 2, 3,4, and 5 | ||
| 1, 4, and 6 | ||
| 5, 4, and 2 | ||
| 5, 3, and 2 |
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Finance Applications And Theory
Authors: Marcia Cornett, Troy Adair, John Nofsinger
1st Edition
0073382256, 9780073382258
