• Shuffle
    Toggle On
    Toggle Off
  • Alphabetize
    Toggle On
    Toggle Off
  • Front First
    Toggle On
    Toggle Off
  • Both Sides
    Toggle On
    Toggle Off
  • Read
    Toggle On
    Toggle Off
Reading...
Front

Card Range To Study

through

image

Play button

image

Play button

image

Progress

1/20

Click to flip

Use LEFT and RIGHT arrow keys to navigate between flashcards;

Use UP and DOWN arrow keys to flip the card;

H to show hint;

A reads text to speech;

20 Cards in this Set

  • Front
  • Back

"E"-term

Seller makes goods available to the buyer at seller's premises

"F"-term

Seller is called upon to deliver goods to a carrier appointed by the buyer

"C"-terms

Seller has to contract carrier, but without assuming the risk of loss or damage of goods or additional cost due to events occurring after shipment and despatch

"D"-terms

Seller has to bear all costs and risks needed to bring goods to the country of destination

EXW

Ex Works

FCA

Free Carrier


Any mode of transport including multimodal transport

FAS

Free Alongside Ship


Sea or inland waterway transport

FOB

Free On Board


Sea or inland waterway transport

CFR

Cost and Freight


Sea or inland waterway transport

CIF

Cost, Insurance and Freight


Sea or inland waterway transport

CPT

Carriage Paid To


Can be used for any mode of transport including multimodal transport

CIP

Carriage and Insurance Paid To


Can be used in any mode of transport including multimodal transport

DAF

Delivered At Frontier


Primarily intended for rail and road but may be used or any mode of transport

DES

Delivered Ex Ship


Sea or inland waterway transport

DEQ

Delivered Ex Quay


Sea or inland waterway transport

DDU

Delivered Duty Unpaid


May be used irrespective of the mode of transport

DDP

Delivered Duty Paid


May be used irrespective of the mode of transport

Carrier

Person in a contract of carriage undertake to perform or procure carriage by rail, road, sea, air, inland waterway o combination of modes.



Buyer can instructs the seller to deliver cargo to a freight forwarder who is not a "carrier", seller is deemed to have fulfilled his obligation to deliver the goods when in the custody of that person.

Transport Terminal

A railway terminal, freight station, container terminal or yard, multi-purpose cargo terminal or any similar receiving point.

Container

Any equipment used to unitised cargo. All types of containers whether ISO accepted or not, trailers, swap bodies, ro-ro equipment, igloos and applies to all modes of transport.