Industria Cartaria Pieretti makes all the transport arrangements and assumes risks for the goods once they have been loaded into the container at Resolute Forest Products’ factory in Alma, QC?

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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You work for Resolute Forest Products in Montreal, QC in the sales department. You are exporting paper rolls to Industria Cartaria Pieretti, based in Lucca, Italy. They have ordered a full container of paper rolls for their business in Italy.

 

The routing instructions are the following:

Besner Transport Ltée picks up the container at Resolute Forest Products plant in Alma, QC and delivers it to Termont container terminal in Montreal.

MSC moves the container to Genova in Italy, on board of the vessel MSC Dorina, voyage #CK234R

Gruppo Torinese Trasporti, a truck carrier, picks up the container in Genova and delivers it to Industria Cartaria Pieretti’s warehouse in Lucca, Italy.

The purchasing agent from Industria Cartaria Pieretti asked you to provide quotes under various conditions. For each scenario below, provide the correct Incoterms 2020 that will be used.

  1. Industria Cartaria Pieretti makes all the transport arrangements and assumes risks for the goods once they have been loaded into the container at Resolute Forest Products’ factory in Alma, QC?
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industria cataria pieretti wants you to deliver the goods to the port of genova . however cataria pieretti will assume the risk for the goods once they are loaded into the container

which icoterm is used here ?

 

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