The vendor is responsible for all costs to the destination port in this category. The risks are transferred to the customer once the products are loaded onto the conveyance. Incoterms in Group C include: CFR stands for Cost and Freight and is equivalent to FOB.
C terms (CFR, CIF, CPT, CIP): The seller must contract for transportation, but the risk of loss or damage after the shipping is not assumed by the seller. D terms (DAT, DAP, DDP): The seller is responsible for any risks associated with delivering the products to the buyer.
FAS (Free Alongside Ship) CFR (Cost and Freight) FOB (Free On Board) CIF (Cost, Insurance, and Freight)
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This is just awesome course. I gained so much knowledge about Import-Export Business by learning this course.
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Logistic best course
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Rudra S
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Excellent Tutor Kunal Sir has a lot of knowledge about the topic
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