AccordingtoINCOTERMS2000,underFOBcontract,thebuyerhasnoobligationtocontractforinsuranceandpaytheinsurancepremium.
Tomkeptquietabouttheaccident________losehisjob.
He’sgothimselfintoadangeroussituationheislikelytobeaccusedofmeetingsomeone.
Thisagreementshallbecancelledincasethesecondpartyfailstoselltheagreedquantitywithinsixmonths.
Inthefollowingpaymentterms,()isthesafesttermtotheseller.
AccordingtoUCP600,theconfirmingbankmustnegotiateand/orhonor()