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What Incoterms do not cover?

Regulations/Policies
Business and Industry Services
From Australia
To India
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Xavier L.
Not rated
Aug 28, 2019
What Incoterms do not cover?

1 answer

Aug 28, 2019
Incoterms do not cover property rights, possible force majeure situations and breach of contract. Include of these within the contract of sale. Similarly, all incoterms except the C terms do not assign responsibility for arranging insurance. Cargo insurance is, therefore, a separate cost for buyers.
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