 Incoterms - Explore major changes, risks and advantages of each IncotermThis international trade compliance training will explain each of the areas covered by the 11 Incoterms and how each one works.
By: ComplianceOnline Incoterms are standard definitions for terms of shipment (like “FOB”) This webinar will assist participants to understand the areas that the 11 Incoterms cover and how each one works. This training will help participants to understand the matters relating to the rights and obligations of the parties to the contract of sale with respect to the delivery of goods sold. Learning Objectives: Understand what the Incoterms are and how they serve as an international standard. Recognize problems that may arise from incorrect use of the Incoterms or by using archaic or domestic shipping terms instead of Incoterms in international contracts. Learn the changes that were made when Incoterms 2010 was enacted. Explore the risks and advantages of each Incoterm from the seller’ Gain proficiency in writing contracts of sale and reviewing purchase orders by knowing how to define who will take the risk of damage, who will contract for carriage, and who will pay the costs of freight, insurance, customs duties, etc. Develop insights regarding how and why to document when, in an export sale, title to goods transfers (and what happens if you don’t) Areas Covered in the Webinar: How and when to use Incoterms How Incoterms differ from other shipping terms Major changes from Incoterms 2000 Misunderstandings about the meanings of FOB and CIF What the Incoterms have to do with transfer of title When the U.N. Convention on the International Sale of Goods applies to export contracts For Registration: http://www.complianceonline.com/ End
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