C % F as a price quotation in foreign trade means that the buyer

Commerce

WAEC 2004

A. is responsible for clearing and forwarding the goods
B. has to pay for cost and freight
C. pays for both the freight and insurance
D. pays for insurance only

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Correct Answer: Option B

Explanation

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C % F as a price quotation in foreign trade means that the buyer

Correct Answer: Option B

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