Chapter2InternationalTradeTerms12345678910I
MultiplechoicesBCACCDABCDII
TrueorfalsestatementsTTFFTFFFFTIII
Explainthefollowingterms1
shipmentcontractShipmentcontractisacontractusinganIncotermwhichindicatesthatthedeliveryhappensatthetimeorbeforethetimeofshipment
symbolicdeliverySymbolicdeliveryisadeliverysituationinwhichwhenthesellerdeliversthebuyerdoesnotphysicallyreceivethegoods
Thiskindofdeliveryisprovedbythesubmissionoftransportdocumentbythesellertothebuyer
arrivalcontractArrivalcontractmeansacontractusinganIncotermwhichindicatesthatthedeliveryhappenswhenthegoodsarriveatthedestination
actualdeliveryActualdeliveryreferstoadeliverysituationinwhichwhenthesellerdeliversthebuyerdoesphysicallyreceivethegoods
Shortquestions1
WhopaysforloadingforshipmentunderFOB
Theseller
Whopaysforu