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Most Used Delivery Terms

Most Used Delivery Terms

Source publication
Conference Paper
Full-text available
In international trade, various methods of payment, delivery and different currencies take place. To understand the various rights and responsibilities of the parties in international trade it is necessary to understand when title to goods passes under a contract of sale and in particular when risk in the goods passes. Rules for the interpretation...

Context in source publication

Context 1
... is based on for the responsibility time of goods for the seller is for a short time. As it seen from Table 3 that the most preferable delivery terms for the exporters are FOB (Free on board) and CIF (Cost, Freight and Insurance) in international trade. Perception of both FOB and CIF are average risky delivery terms. ...