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.
B
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IftheCIFvalueinainternationalcontractisUSD9000000,andthereisn’tanyspecialtermsandconditionsaboutinsurance,thenaccordingtoINCOTERMS2000,thesellercouldinsurethegoodsfor().
Only then ______the importance of my health.
Please see that such an _ does not occur again.
This agreement shall be cancelled in case the second party fails to sell the agreed quantity within six months.