CDCS Study Materials-Sales Contract MCQ -Sales Contract 1. An exporter sells goods overseas on FOB and CIF Incoterms, respectively. Who is responsible for the freight charges in each? A. FOB — importer / CIF – exporter B. FOB – importer / CIF – importer C. FOB – exporter / CIF […]
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Pre-issuance considerations and requirements
Documentary credit-Pre-issuance considerations and requirements Pre-issuance considerations and requirements A documentary credit as the chosen method of settlement One of the key decisions to be made when a seller and buyer negotiate a sale contract is the selection of the terms of payment. When a documentary credit is chosen, both […]
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