What is the incoterm not for all modes of transport
Answers
The following Incoterms can be used for any mode(s) of transport, including sea and waterway transport, whether or not combined: EXW, FCA, CPT, CIP, DAT, DAP and DDP. Conversely, the following Incoterms are considered only suitable for sea and inland waterway transport: FAS, FOB, CFR and CIF.
Answer:
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Explanation:
CIF (Cost, Insurance and Freight) ...
CIP (Carriage and Insurance Paid to) ...
CFR (Cost and Freight) ...
CPT (Carriage paid to) ...
DAT (Delivered at Terminal) ...
DAP (Delivered at Place) ...
DDP (Delivery Duty Paid) ...
EXW (Ex Works)
The following Incoterms can be used for any mode(s) of transport, including sea and waterway transport, whether or not combined: EXW, FCA, CPT, CIP, DAT, DAP and DDP. Conversely, the following Incoterms are considered only suitable for sea and inland waterway transport: FAS, FOB, CFR and CIF.