Incoterms Exercise

• You are the buyer.
• You are able to obtain an import permit for the goods.
• You are not able to contract for the carriage and pay freight for the goods from the agreed named place.
• You are willing to assume the risk of loss or damage to the goods once the seller has delivered the goods to the carrier.

Do you want the seller to procure cargo insurance against your risk of loss or of damage to the goods during the carriage?

Yes         No

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© 2004 John Michael Pierobon

Notes