Ų 2020 terms. Which of the following option is not applicable in this case? Select the correct option and click Submit. The buyer takes over the risk from the seller on the arriving vessel in the Port of Durban. The seller transfers the risk to the buyer by placing goods on a quay in Yokohama. The seller bears the cost of transport of goods till the Yokohama port. The buyer bears the cost of loading the goods onto a departing vessel in Yokohama.
Ų 2020 terms. Which of the following option is not applicable in this case? Select the correct option and click Submit. The buyer takes over the risk from the seller on the arriving vessel in the Port of Durban. The seller transfers the risk to the buyer by placing goods on a quay in Yokohama. The seller bears the cost of transport of goods till the Yokohama port. The buyer bears the cost of loading the goods onto a departing vessel in Yokohama.
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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A seller in Japan sells pipelines to a buyer in Durban, South Africa, under FAS Yokohama Incoterms®
2020 terms. Which of the following option is not applicable in this case?
Select the correct option and click Submit.
The buyer takes over the risk from the seller on the arriving vessel in the Port of Durban.
The seller transfers the risk to the buyer by placing goods on a quay in Yokohama.
Well
The seller bears the cost of transport of goods till the Yokohama port.
The buyer bears the cost of loading the goods onto a departing vessel in Yokohama.
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