Answered step by step
Verified Expert Solution
Question
1 Approved Answer
. You are employed by Up Front Imports, 1 2 7 Garfield St S , Winnipeg, MB . You have just landed a contract to
You are employed by Up Front Imports, Garfield St S Winnipeg, MB You have just landed a contract to export furniture to Wu World Furniture, F Nitori Mall HigashiOsaka Japan.
Shipping Instructions:
Goods are to be shipped from Up Front Imports by Jade Transport, Dugald Rd Winnipeg, MB to Winnipeg James A Richardson International Airport, Wellington Avenue, Winnipeg MB The goods will be loaded onto a JAL flight to Los Angeles, US
From LA the goods will be loaded on to a flight to Osaka International Airport,
Once the goods arrive in Osaka, Saikyo Logistics will deliver the goods to Wu World Furniture F Nitori Mall HigashiOsaka Japan.
The buyer has asked that you provide pricing quotes for the various delivery options below: What complete incoterms would apply for the following scenarios?
a The buyer wants you to deliver the goods to Osaka, where he will assume risk for the goods, account for them to customs, and pay duties and taxes.
Example: DAP, Wu World Furniture F Nitori Mall HigashiOsaka Japan, Incoterms
DAP, Osaka International Airport, Incoterms
b The buyer wants the goods delivered insured to Osaka, but he is willing to assume risk for the goods once they are given to Jade Transport in Winnipeg.
CIP, Osaka International Airport, Incoterms
c The buyer wants you to deliver the goods to Jade Transport. The buyer will make his own insurance arrangements, and is willing to assume risk for the goods once they are loaded on to Jade Truckings trailer.
d The buyer wants you to deliver the goods to Jade Transport. The buyer will accept the risk and cost for the goods once they are in the possession of Jade Transport and will make all of the necessary arrangements to bring them to Osaka.
e The buyer wants you to deliver the goods to James A Richardson International Airport, Wellington Avenue, Winnipeg MB where he will accept risk and cost for the goods and make necessary arrangements to transport the goods to Osaka.
You are employed by A Imports Inc. Industriel, BiosdesFillion, QC You have a new client, S&J Distribution Wholesaler Unit Enterprise Way, Airedale Business Centre, Skipton, UK who wants to import maple syrup.
Shipping Instructions:
H P Rhaume Transport Lagueux Rte., Levis will deliver the container to Racine Terminals, Port of Montreal.
Eurolines moves the container from the Port of Montreal to the Port of Liverpool, on board the vessel KLine, Voyage #A dock No
Le Dale Transport Automotive, Harwood Fold Farm Showley Road, Blackburn, UK will deliver the goods to S&J Distribution.
The buyer has asked that you provide pricing quotes for the various delivery options below: What complete incoterms would apply for the following scenarios?
a S&J will make all of the transport arrangements and assume risk for the goods once they have been loaded onto the container at your location.
b S&J wants you to deliver the goods to the Port of Liverpool, however, S&J will assume risk for the goods once they are loaded on to the container.
c S&J wants you to deliver the goods to their distribution centre in Skipton. At this point, S&J will assume risk for the goods, ad account for them at UK customs.
d S&J ask that you make the goods available for pick up at your location, where they will assume the risk for the goods and arrange all transportation costs.
e S&J is willing to accept the risk for the goods once they are loaded into the container, but they have asked you to deliver the goods to the Port of Liverpool and insure the cargo as well.
f S&J asks that you deliver the goods to their distribution centre in Skipton. They would like you to account for the goods to UK customs as well.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started