June 14, 2019
Cost: $395.00 ($50 discount if paid 30 days in advance)
For more information and to register go here: International Commercial Terms – Cleveland
I. INTRODUCTION
II. DOMESTIC TERMS OF SALE FOR DOMESTIC TRANSACTIONS IN THE UNITED STATES
An overview of the uniform commercial code
F.O.B. origin or F.O.B. destination, what is the difference?
Risk of loss
Passage of title
III. INCOTERMS® 2000 PRODUCT TRANSPORTATION AND RISK OF LOSS
GROUP E
Ex Works (name place) EXW
GROUP F
Free alongside ship (named ocean port of shipment) FAS
Free on board (named ocean port of shipment) FOB
Free carrier at (named place) FCA
GROUP C
Cost & freight (CFR)
Cost, insurance & freight (CIF)
Carriage paid to (CTP)
Carriage & insurance paid (CIP)
GROUP D
Delivered at frontier (DAF)
Delivered ex ship (DES)
Delivered ex quay (DEQ)
Delivered duties paid (DDP)
IV. INCOTERMS® 2010 PRODUCT TRANSPORTATION AND RISK OF LOSS
Terms for any mode
Ex works (named place) EXW
Free carrier at (named place) FCA
Carriage paid to (named place of destination) CIP
Delivered at terminal (named place of destination) DAT
Delivered at place (named place of destination) DAP
Delivered duty paid (named place of destination) DDP
Ocean Freight Terms
Free alongside ship (named ocean port of shipment) FAS
Free on board (named ocean port of shipment) FOB
Cost and freight (named ocean port of destination) CFR
Cost, insurance and freight (named ocean port of destination) CIF
V. EXERCISES/WORKSHOP
“Incoterms” is a registered trademark of International Chamber of Commerce.