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Stop using the incorrect Incoterms® 2020

This micro course addresses the incorrect us of the FAS, FOB, CFR, and CIF Incoterms® 2020 rules in international trade.

  • Image1 Week
    1 Hour Per Week
  • ImageIntermediate
  • ImageEnglish
Preview

$16 AUD

OR

Purchase by Corporate Account
Corporate account options
Purchase by Corporate Account options include:
  • Team enrolments into a single course
  • Team enrolments into a range of courses
  • Individual enrolment using your organization's CargoWise account
  • Enable self-administration of team enrolments for purchased courses

What You'll Learn

The purpose of this micro course is to address the incorrect use of FAS (Free Alongside Ship), FOB (Free on Board), CFR (Cost and Freight), and CIF (Cost and Insurance) Incoterms® 2020 rules. 

The reason for this is these rules are not suited to container or air traffic because the seller loses physical control over the consignment at a prior point to the goods reaching the vessel or aircraft. Additional fees can be charged through various third parties, from the consignment leaving the seller's premises until it is placed on board the vessel or aircraft. 

 

Course Content

The purpose of this micro course is to address the incorrect use of FAS (Free Alongside Ship), FOB (Free on Board), CFR (Cost and Freight), and CIF (Cost and Insurance) Incoterms® 2020 rules. 

The reason for this is these rules are not suited to container or air traffic because the seller loses physical control over the consignment at a prior point to the goods reaching the vessel or aircraft. Additional fees can be charged through various third parties, from the consignment leaving the seller's premises until it is placed on board the vessel or aircraft. 

 

Assessment

Multiple Choice Assessment available for Certificate of Completion.

Course Price

$16

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