Which of the following terms of price quotation includes cost of transportation to buyers premises?
Answer Details
The term of price quotation that includes the cost of transportation to the buyer's premises is C & F. C & F stands for "Cost and Freight", and it is a type of Incoterm used in international trade where the seller is responsible for the cost of transporting the goods to the destination port and also for the payment of freight charges. The C & F price quotation includes the cost of the goods, the cost of transportation to the destination port, and the freight charges. Once the goods arrive at the port, the buyer takes responsibility for any further transportation and costs associated with it.