C % F as a price quotation in foreign trade means that the buyer

COMMERCE
WAEC 2004

C % F as a price quotation in foreign trade means that the buyer

  • A. is responsible for clearing and forwarding the goods
  • B. has to pay for cost and freight
  • C. pays for both the freight and insurance
  • D. pays for insurance only

Correct Answer: B. has to pay for cost and freight



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