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

2. 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

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