Incoterms are the standard rules used worldwide by buyers and sellers for determining the point at which risk of loss or damage transfers, allocating transportation costs, and assigning responsibility for carrying out certain related tasks. This non-jurisdictional course will introduce learners to Incoterms, focusing exclusively on their use of Incoterms in international trade.
Users will receive a certificate of completion from George Mason University upon successful completion of this course.
Learning Objectives
Give learners an introduction to Incoterms, the commercial terms of trade used for most shipments.
Target Audience
Individuals involved in transactions requiring the international movement of goods regardless of their jurisdiction and whether they are a buyer or seller.
Course Duration: 23 minutes
Certificate of Completion: George Mason University
Course Outline
Introduction
Overview
Training Objective
Key Definitions
Incoterms
Introduction
Overview of Critical Transfer Points
Overview
EXW
FCA
CPT
CIP
DAT
DAP
DDP
FAS
FOB
CFR
CIF
Title Transfer
Freight Payment and Incoterms
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