close
    what is FOB or CIF?

    0  Views: 826 Answers: 1 Posted: 12 years ago

    1 Answer

    Free on Board: A trade term requiring the seller to deliver goods on board a vessel designated by the buyer.  "Free" means seller has the obligation.


    Cost Insurance Freight: A trade term requiring the seller to arrange for the carriage of goods by see to the port of destination, and provide the buyer with the necessary documents to obtain goods from the carrier.



    Top contributors in Other - Business & Finance category

     
    ROMOS
    Answers: 101 / Questions: 0
    Karma: 5025
     
    country bumpkin
    Answers: 62 / Questions: 1
    Karma: 3795
     
    Colleen
    Answers: 190 / Questions: 0
    Karma: 3405
     
    Benthere
    Answers: 4 / Questions: 0
    Karma: 3300
    > Top contributors chart
    452227
    questions
    719699
    answers
    753970
    users