L5M3 practice question 16 of 25
Which of the following would be included in a contract to assign costs and responsibilities be-tween buyer and seller when products are delivered?
Full set: 120 questionsCorrect Answer:
D. Incoterms
Explanation
Incoterms assign costs and responsibilities about when products are delivered. See p. 37 for a full list of the different Incoterms. You don't need to know all Incoterms for the exam, but it's a good idea to know what they are and why they'd be put into a contract
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