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Incoterms Challenge for Supply Chains

Froggy Jumps

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Mindful Incoterms quiz

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Lebanon

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Incoterms Challenge for Supply Chains
 

Froggy Jumps

Incoterms Challenge for Supply ChainsOnline version

Mindful Incoterms quiz

by rasha faraj
1

Which Incoterms rule places the seller's cost and risk transfer at the goods being loaded on board the vessel?

2

Under CIP, who is responsible for arranging insurance and its coverage?

3

Which Incoterms require the seller to clear goods for export but not import?

4

Which Incoterm places the maximum obligation on the buyer?

5

In CIF, who bears the risk of loss once the goods are on board the vessel?

6

Which Incoterm is commonly used for containerized shipments by sea and includes cost insurance and freight?

7

Under EXW, who bears most responsibility and risk?

8

Which term requires the seller to deliver the goods to a named place and bear all risks until there?

9

Which Incoterms are named for air shipments and where the seller's obligation ends at the airport?

10

What does FCA require regarding the buyer's chosen carrier?

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