Which of the following price quotations requires the buyer to take delivery at the manufacturer's warehouse?
Answer Details
The price quotation that requires the buyer to take delivery at the manufacturer's warehouse is Ex-works. In an Ex-works agreement, the seller agrees to make the goods available at their premises, and the buyer is responsible for all transportation costs and risks involved in getting the goods from the seller's premises to their destination. This means that the buyer is responsible for arranging for the shipment, insurance, and all other aspects of the delivery process. The seller only has to make the goods available at their premises and is not responsible for any other aspect of the delivery.