Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

true or false: 1- The seller should bear the loss cause by force majeure. (t/f) 2- According to UP 600, if there isn't any other

true or false:
1- The seller should bear the loss cause by force majeure. (t/f)
2- According to UP 600, if there isn't any other stipulation, the transshipment is allowed. (t/f)
3- An L/C is a conditional bank undertaking of payment, and refers to banker's credit. (t/f)
4- EXW in Incoterms 2020 is the trade term under which the obligations and costs borne by and risks of the seller are
minimum. (t/f)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Future Of Real Estate Early Warning Realtors

Authors: Anya Bartholomew

1st Edition

1975711149, 978-1975711146

More Books

Students also viewed these Finance questions

Question

What they pay attention to

Answered: 1 week ago