Multiple Choice
How are the shipping terms C.I.F. and F.O.B. point of shipment similar to each other?
A) Both require the seller to bear the expense and risk of loss until the goods are tendered to the buyer at the place of destination.
B) Both require the seller to bear the expenses and risk of loss when handing the shipment to a carrier.
C) Both require the seller to deliver and tender the goods alongside the named vessel provided by the buyer.
D) Both require the seller to bear the expense and risk of loss until the goods are unloaded from the ship at its port of destination.
Correct Answer:

Verified
Correct Answer:
Verified
Q20: Goods that are part of a larger
Q21: A consignment deal would be an example
Q22: The delivery term "no-arrival, no-sale" can be
Q23: When is a buyer in breach of
Q24: A holder of goods who is not
Q26: In a no-arrival, no-sale contract, the seller
Q27: In a sale or return contract, the
Q28: Explain in detail the risk of loss
Q29: The UCC allows the title of goods
Q30: Which of the following is true for