of the incoterms in use, the seller must supply the goods
as agreed in the contract of sale, together with such evidence
of conformity as may be required by the contract. Regardless
of the incoterms in use, the buyer must take receipt and
pay for the goods delivered, as provided in the contract.
The payment of the forwarder's fees is sometimes controversial,
depending on the contract of sale.
** Risk of loss or damage is transferred from seller to
buyer when goods have been delivered to the carrier.
*** Responsibility may be either the buyer or seller.
chart is based on International Rules for the interpretation
of trade terms as published by the ICC, 1990. Lasa Logistics
is not responsible for any typographical errors.