EXW - Ex works Flashcards

1
Q

What does “Ex Works” means?

A

Means that the seller delivers the goods to the buyer when it places the goods at the disposal of the buyer at a named place of delivery (like factory or warehouse);

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2
Q

In Ex Works is it necessary for the place of delivery to be the seller’s premises?

A

No

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3
Q

In Ex Works Is seller obligated to load the goods on any collecting vehicle?

A

no

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4
Q

In Ex Works does the seller need to clear the goods for export, where such clearance is applicalbe?

A

No

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5
Q

For which mode of transports is the EX Works used?

A

all modes of transport

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6
Q

Why should the buyers be cautious with Ex Works?

A

Because it imposes the least set of obligations on the seller and more on buyer.

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7
Q

When does the delivery happen in Ex Works?

A

when the goods are placed, not loaded, at the buyer’s disposal.

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8
Q

When does the risk transfers in Ex Works?

A

when the goods are placed, not loaded, at the buyer’s disposal.

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9
Q

To transfer the risk from seller to buyer is it needed for the goods to be loaded on a vehicle in Ex Works?

A

No

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10
Q

Where the buyer is keen to avoid any risk during loading at the seller’s premises, which Incoterm should the parties consider instead of EX Works?

A

FCA

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11
Q

Is seller obligated to deal with export clearance in Ex Works?

A

No

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12
Q

whose responsibility is it to deal with export formalities in EX Works?

A

Buyer?

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13
Q

whose responsibility is it to deal with import formalities in EX Works?

A

Buyer

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14
Q

What happens when no specific point has been agreed within the named place of delivery and if there are several points available In Ex Works?

A

The seller may select the point that best suits its purpose.

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15
Q

When should the seller deliver the goods In Ex Works?

A

On the agreed date or within the agreed period

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16
Q

In Ex Works what happens if the buyer fails to give notice to the seller about the time within an agreed period and/or the point of taking delivery within the named place?

A

Buyer bears all risks of loss of or damage to the goods from the agreed date or from the end of the agreed period for delivery, provided that the goods have bean clearly identified as the contract goods.

17
Q

In Ex Works the risk transfers to the buyer if he fails to give notice to the seller about the time within an agreed period and/or the point of taking delivery within the named place. Exactly when does the risk transfer happens?

A

From the agreed date or the end of the agreed point for delivery.

18
Q

In Ex Works what is needed for the risk transfer to happen when the buyer fails fails to give notice to the seller about the time within an agreed period and/or the point of taking delivery within the named place?

A

The goods need to be clearly identified as the contract goods

19
Q

What are the sellers obligations in Ex Works in relation to Carriage?

A

None. However, the seller must provide the buyer, at the buyer’s request, risk and cost, with any information in the possession of the seller, including transport-related security requirements, that the buyer needs for arranging carriage

20
Q
A
21
Q

Who must arrange carriage in Ex Works?

A

Buyer

22
Q

Who is paying for the carriage in Ex Works?

A

Buyer

23
Q

From where must the buyer arrange the carriage in Ex Works?

A

From the named place of delivery

24
Q

Who has the obligation to make a contract of insurance in Ex Works?

A

No one. However, the seller must provide the buyer, at the buyer’s request, risk and cost with information in the possession of the seller that the buyer needs for obtaining insurance.

25
Q

With what kind of insurance related information must the seller provide to buyer in Ex Works?

A

At the buyer’s request, he must provide risk and cost with information in the possession of the seller that the buyer needs for obtaining insurance.

26
Q

Is the seller obligated to provide buyer with some kind of documents in Ex Works?

A

no

27
Q

Is the buyer obligated to provide buyer with some kind of documents in Ex Works?

A

Yes, with proof of delivery i.e. with appropriate evidence of having taken delivery.

28
Q

In Ex Works with what kind of export/import related information must the seller provide to the buyer?

A

at the buyer’s request, risk and cost, in obtaining any documents and/or information related to all export/transit/import clearance formalities required by the countries of export/transit/import, such as:
1. export/transit/import licence;
2. security clearance for export/transit/import;
3. pre-shipment inspections; and
4. any other official authorisation

29
Q

In Ex Works Who has the obligation to check, pack and mark the goods?

A

Seller

30
Q

What kid of obligations does the seller have in regard to checking/packaging/marking in Ex Works?

A

The seller must pay the costs of those checking operations (such as checking quality, measuring, weighing, counting) that are necessary for the purposes of the delivering the goods.

The seller must, at its own cost, package the goods, unless it is usual for the particular trade to transport the type of goods sold unpackaged.

the seller must package and mark the goods in manner appropriate to their transport, unless the parties have agreed on specific packaging or marking requirements.

31
Q

What kid of obligations does the seller have in regard to packaging/marking in Ex Works?

A

The seller must, at its own cost, package the goods, unless it is usual for the particular trade to transport the type of goods sold unpackaged.

the seller must package and mark the goods in manner appropriate to their transport, unless the parties have agreed on specific packaging or marking requirements.

32
Q

What kid of obligations does the seller have in regard to checking in Ex Works?

A

The seller must pay the costs of those checking operations (such as checking quality, measuring, weighing, counting) that are necessary for the purposes of the delivering the goods.

33
Q

What kind of costs must the seller pay in Ex Works?

A

Costs for checking operations (such as checking quality, measuring, weighing, counting) that are necessary for the purpose of delivering the goods.
Cost for packaging goods, unless it is usual for the particular trade to transport the type of goods sold unpackaged.

34
Q

When is the seller not obligated to package the goods in Ex Works?

A

when it is usual for usual for the particular trade to transport the type of goods sold unpackaged.

35
Q

When is the seller not obligated to package and mark goods in the manner appropriate for their transport in Ex Works?

A

When the parties have agreed on specific packaging or marking requirements.

36
Q

What kind of costs must the buyer pay in Ex Works?

A

All costs relating to the goods from the time they have been delivered.

Reimburse all costs and charges incurred by the seller in providing assistance or information.

Taxes and the costs of carrying out customs formalities payable upon export;

Pay any additional costs incurred by failing either to take delivery of goods when they have been placed at its disposal or to give notice in accordance with B10, provided that the goods have been clearly identified as the contract goods.

37
Q

Who pays for the costs relating to the goods from the time they have been delivered In ex Works.

A

Buyer

38
Q

Who pays the costs charges incurred by the seller in providing assistance or information IN ex Works .

A

buyer

39
Q

In Ex Works who pays any additional costs incurred by failing either to take delivery of goods when they have been placed at its disposal or to give notice in accordance with B10, provided that the goods have been clearly identified as the contract goods.

A

Buyer