Your Perfect Assignment is Just a Click Away

Starting at $8.00 per Page

100% Original, Plagiarism Free, Customized to Your instructions!


Florida International University FCA, CPT and DAP Incoterms Discussion

Florida International University FCA, CPT and DAP Incoterms Discussion

Question Description

Compare and contrast three incoterms. Explain why your choices are superior to your teammates when writing your comments.. PLEASE PROVIDE COMMENTS TO AT LEAST TWO OTHER CLASSMATES CONTRIBUTION AND SHOW LINKS WHERE THEY CAN GO TO GET MORE INFO.

reply 1

by Alannis Pacheco

The first incoterm is EXW, which stands for Ex Works. The term EXW means the buyer is responsible for all risks and costs, starting when the product is picked up from the seller until the products are delivered to their location. The seller is not responsible for loading the goods or clearing them for export.

Next is CIP, which stands for Carriage and Insurance Paid To. This is when the seller clears the goods for exporting and delivers them to the place of shipment. At this point, the risk is transferred to the buyer. The seller is also responsible for transportation costs and any insurance until the goods reach their destination.

Lastly is DPU, or Delivered at Place Unloaded. This is the only term where the seller has the task of unloading the goods. The seller is also expected to clear the goods for exporting and is responsible for any risks and costs associated with delivering and unloading.

Reply 2

by Alexia Cohen

The primary purpose of Incoterms is to define the responsibilities and costs between two parties correctly.

CFR: Cost and freight is a legal term used in foreign trade contracts. In a contract specifying that a sale is cost and freight, the seller is required to arrange for the carriage of goods by sea to a port of destination and provide the buyer with the documents necessary to obtain them from the carrier.

DDP: Delivered duty paid is a delivery agreement whereby the seller assumes all of the responsibility, risk, and costs associated with transporting goods until the buyer receives or transfers them at the destination port.

DDU: Delivered Duty Unpaid is an old international trade term indicating that the seller is responsible for the safe delivery of goods to a named destination, paying all transportation expenses and assuming all risks during transport.

More information here:…

"Place your order now for a similar assignment and have exceptional work written by our team of experts, guaranteeing you A results."

Order Solution Now

Our Service Charter

1. Professional & Expert Writers: Eminence Papers only hires the best. Our writers are specially selected and recruited, after which they undergo further training to perfect their skills for specialization purposes. Moreover, our writers are holders of masters and Ph.D. degrees. They have impressive academic records, besides being native English speakers.

2. Top Quality Papers: Our customers are always guaranteed of papers that exceed their expectations. All our writers have +5 years of experience. This implies that all papers are written by individuals who are experts in their fields. In addition, the quality team reviews all the papers before sending them to the customers.

3. Plagiarism-Free Papers: All papers provided by Eminence Papers are written from scratch. Appropriate referencing and citation of key information are followed. Plagiarism checkers are used by the Quality assurance team and our editors just to double-check that there are no instances of plagiarism.

4. Timely Delivery: Time wasted is equivalent to a failed dedication and commitment. Eminence Papers are known for the timely delivery of any pending customer orders. Customers are well informed of the progress of their papers to ensure they keep track of what the writer is providing before the final draft is sent for grading.

5. Affordable Prices: Our prices are fairly structured to fit in all groups. Any customer willing to place their assignments with us can do so at very affordable prices. In addition, our customers enjoy regular discounts and bonuses.

6. 24/7 Customer Support: At Eminence Papers, we have put in place a team of experts who answer all customer inquiries promptly. The best part is the ever-availability of the team. Customers can make inquiries anytime.