The Basics: Incoterms® 2010
Incoterms® are internationally accepted commercial terms that determine the buyer’s and seller’s roles and responsibilities in the sale of goods.
|Duration||Part 1: 13 minutes
Part 2: 12 minutes
|Cost||Free (Requires free registration)|
In this 2-part series, we’ll help you develop an understanding of the main Incoterms definitions and their use and risk implications, and help you define the purpose and role of Incoterms; outline the buyer’s and seller’s responsibilities for the delivery of goods; clarify who pays shipping, handling, insurance and inland freight costs; and identify the cause and effect of various types of terms.
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