MCAB109SP

Edit Answers
12345678910111213141516
Across
  1. 3. The terms also address the allocation of costs related to transportation, insurance, customs duties, and other expenses associated with the delivery of goods.
  2. 4. The seller delivers the goods to the named place in the buyer's country, including clearing customs and paying for unloading. The risk transfers to the buyer when the goods are unloaded.
  3. 5. The seller delivers the goods to a carrier nominated by the buyer at a named place. The seller's responsibilities end at the point of handover to the carrier.
  4. 8. is to provide a set of standardized terms for international trade that define the responsibilities and obligations of buyers and sellers in terms of the delivery of goods.
  5. 13. This term is also applicable for sea and inland waterway transport, with the same conditions as mentioned earlier.
  6. 14. Similar to DAP, but the seller delivers the goods to a named terminal at the buyer's country's port or airport.
  7. 15. The seller makes the goods available at their premises, and the buyer is responsible for picking up and handling the goods from there.
  8. 16. Incoterms provide guidance on the division of responsibilities between the seller and the buyer in terms of export and import procedures, documentation, and clearance.
Down
  1. 1. Similar to CFR, but the seller also pays for insurance covering the goods until the named destination.
  2. 2. Similar to CPT, but the seller also pays for insurance covering the goods until the named destination.
  3. 6. The seller delivers the goods alongside the buyer's vessel at the named port of shipment. The buyer is responsible for loading.
  4. 7. The seller delivers the goods on board the buyer's vessel at the named port of shipment. The buyer pays for freight and assumes responsibility for the goods once they are on board.
  5. 9. Incoterms outline the responsibilities of both parties regarding the delivery of goods, including tasks such as packaging, loading, transport, and unloading.
  6. 10. Incoterms specify the point at which the risk of loss or damage to the goods is transferred from the seller to the buyer.
  7. 11. Similar to FOB, but the seller also pays for the freight costs.
  8. 12. The seller pays for the carriage of goods up to the named destination, but the risk transfers to the buyer when the goods are handed over to the carrier.