Multiple Choice
In international transactions, the seller's risk is known as ________ and the buyer's risk is known as __________:
A) Delivery risk; credit risk
B) Non-performance risk; delivery risk
C) Credit risk; delivery risk
D) Default risk; non-performance risk
Correct Answer:
Answered by ExamLex AI
Correct Answer:
Answered by ExamLex AI
Related Questions
Q17: Which of the following are the basic
Q18: All of the following Incoterm trade terms
Q19: Under COGSA, if a receiving party receives
Q20: A bill of lading serves all of
Q21: Under the CFR trade term, the buyer
Q23: A _ transfers title to goods and
Q24: In a documentary transaction, a sale of
Q25: The current effort to electronically transmit all
Q26: Provide one example of a trade term
Q27: A letter of indemnity allows a carrier