Lesson 1 – Global Trade Compliance – Quiz
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Question 1 of 7
1. Question
Incoterms is an acronym standing for ______________ and it is published by the International Chamber of Commerce, registered in several countries. CorrectIncorrect -
Question 2 of 7
2. Question
In any golbal contract, the incoterms defines the responsibility of sellers and buyers CorrectIncorrect -
Question 3 of 7
3. Question
International Commercial Terms (Incoterms) usually revised after every 10 years and its latest version is _______________ CorrectIncorrect -
Question 4 of 7
4. Question
Payment terms of contract is also covered in incoterms CorrectIncorrect -
Question 5 of 7
5. Question
In FCA incoterms, the___________ is responsible for loading and exprtation of goods CorrectIncorrect -
Question 6 of 7
6. Question
In CIP incoterms, the buyer will be responsible for the insurance fees of goods CorrectIncorrect -
Question 7 of 7
7. Question
DPU Incoterms 2020 is acronym standing for _____________ CorrectIncorrect