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QUESTION 1(25 MARKS) Visit a clearing agency of your choice, and advise on the below. a) The suppliers of Protea flowers in South Africa gave
QUESTION 1(25 MARKS)
Visit a clearing agency of your choice, and advise on the below.
a) The suppliers of Protea flowers in South Africa gave CJ Flowers Company an option to choose between CIP and CPT Incoterms to include in the shipping contract. CJ Flowers Company approached you for advice regarding these terms. Evaluate these two terms and recommend the best term to use in the shipping contract?[5 marks]
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