The CFR term can be used only for sea and inland waterway transport .
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The objective in inventory strategy is to achieve desired customer service with theminimum inventory commitment.
Underthevechartering,theshipownerisresponsibleforthefixedrunningexpensesaswellasfortheveexpenses.
UndertheFOBterm,theriskoflossordamagetothegoodsistransferredfromthesellertothebuyerwhengoodspasstheship’srailinthe____.
UnderFCAterm,ifthechosenplaceofdeliveryoccursattheseller’spremises,thesellerisnotresponsibleforling.