International Continued

Question 1

EXW - ExWorks

Answer 1

Represents the sellers minimum obligation.

Question 2

FCA - Free Carrier

Answer 2

Means that the seller delivers the goods to the carrier nominated by the buyer at the named place.

Question 3

CIP - Carriage and Insurance Paid

Answer 3

Same as CPT, with exception the seller has to get insurance against loss or damage to goods.

Question 4

CPT - Carriage Paid To

Answer 4

Seller delivers good to the carrier nominated but seller must also pay cos of carriage to bring goods to destination.

Question 5

DAT - Delivered at Terminal

Answer 5

Seller pays for carriage to terminal apart from costs related to import clearance.

Question 6

DAP - Delivered at Place

Answer 6

Seller pays for carriage to named place, apart from costs related to import clearance.

Question 7

DDP - Delivered duty paid

Answer 7

Maximum obligation to seller.

Question 8

Where do you get international driving permits.

Answer 8

Post offices only.

Question 9

Fine for an illegal immigrant found in a vehicle?

Answer 9

£10,000 for the operator and £10,000 for the driver.

Question 10

How often should a TIR carnet certificate of approval be renewed?

Answer 10

Every 2 years.