Under CFR contract, the goods are damaged during marine transport and the buyer suffers losses estimated at USD 1 000 due to natural calamity, USD 800 due to fortuitous accidents, and USD 2 000 due to extraneous risks.If the buyer has insured the goods for USD 1 000 000 against WPA before shiment, then the insurer should pay ( ) compensation to the buyer.
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UnderCFRcontract,thegoodsaredamagedduringmarinetransportandthebuyersufferslossesestimatedatUSD1000duetonaturalcalamity,USD800duetofortuitousaccidents,andUSD2000duetoextraneousrisks.IfthebuyerhasinsuredthegoodsforUSD1000000againstWPAbeforeshiment,thentheinsurershouldpay()compensationtothebuyer.
AccordingtoINCOTERMS2000,underFOBcontract,thebuyerhasnoobligationtocontractforinsuranceandpaytheinsurancepremium.
Wesuggestthatyou_ourrepresentativeinBeijingforyourrequirements.