Under the Incoterm EXW (Ex Works), who bears all transport costs and cargo risks from the seller's factory gate?
Answer and explanation
Correct answer: A. The buyer
- Step 1: Under EXW, the seller's sole responsibility is making goods available at their own premises; the buyer handles all transport, export clearance, and insurance costs. Answer: The buyer. Why not the others: The seller is relieved of transport duties under EXW, while carriers and customs brokers are hired service providers.
Practise more Workplace Communication, Technical Documentation, Applied Grammar and Logistics.
Free questions with an explanation for every one, and full timed Poklicna matura (Vocational Matura Slovenia) mock tests.
More Workplace Communication, Technical Documentation, Applied Grammar and Logistics questions
- In an industrial workshop, what do the letters PPE stand for in safety regulations?
- In a machinery user manual, which modal verb expresses a mandatory safety obligation?
- In an electrical maintenance guide, what safety action must be performed before opening a high-voltage control cabinet?
- In technical terminology, what term describes routine servicing carried out to prevent equipment breakdowns before they occur?
- In an engineering workshop, which measuring tool provides high-precision measurements of an internal cylinder diameter?
- In a technical troubleshooting guide, which sentence correctly uses the passive voice to describe maintenance?