To handle a dispute over damage to goods shipped between two countries, which international standard should be applied?
To handle a dispute over damage to goods shipped between two countries, which international standard should be applied?
Incoterms® are internationally recognized rules that define the responsibilities of buyers and sellers in international trade, including the handling of disputes over damage to goods shipped between two countries. They specify who is responsible for what during the transportation of goods, such as the point at which the risk of loss or damage transfers from the seller to the buyer.
I agree, the Omnibus act deals with unfair tariffs that were placed on US exports by foreign countries. Incoterms is the answer.
Incoterms are defining this responsibility
B for all the reasons listed StudyWithXeno x GradeGenie 800$ guaranteed pass this exam
this is wrong answer, incoterm should be correct, as per module 7 page 48 "International Commercial Terms 2020 (Incoterms 2020), outline that the risk of loss or damage to the goods, as well as the obligation to bear the costs relating to the goods, passes from the seller to the buyer"
Incoterms are a set of internationally recognized rules that define the responsibilities of buyers and sellers in international trade.
option D is regarding the economic espionage