Chapter TWO:International Sales … continued

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Chapter TWO:International Sales … continued College of Law, Al-Mustansiriyah U. Fourth Year Course in Mercantile Contracts 2016-2017 First semester Lecture #6 Chapter TWO:International Sales … continued Focus on incoterms

The chart shows incoterms covered in this chapter The chart shows incoterms covered in this chapter. Notice that obligations change and reach opposite effect as we move clockwise. Incoterms Ex Works FOR/FOT FOB Airport FAS FOB C & F CIF Ex Ship Ex Quay Delivered Duty Paid

Term, word and phrase meaning Ex Works, FOR/FOT, FOB Airport, FAS, FOB, C & F, CIF, Ex Ship, Ex Quay, Delivered Duty Paid.