The bank’s obligations under the L/C are independent from the buyer’s and seller’s obligations under the contract for the sale of goods.
举一反三
- In accordance with Incoterms® 2020, importers under EXW at seller’s premises bear the same obligations and risks as under FCA at seller’s premises.
- What are the seller's obligations under the CFR terms? A: To get the goods ready. B: To effect shipment C: To effect insurance D: To send the shipping advice after shipment
- Under the CIF term，the risk loss or damage to the goods is transferred from the seller to the buyer when the goods pass the ship’s rail in the port of destination．( )
- Under ,the seller need to contract for insurance cover against the buyer’s risk of loss of or damage to the goods during the carriage（） A: CFR B: FOB C: FAS D: CIF
- When the risk of loss of or damage to the goods is transferred from the seller to the buyer, all the charges and obligations of this international transaction will be transferred from the seller to the buyer immediately.