1. Under the FOB term, the risk of loss or damage to the goods is transferred from the seller to the buyer when goods pass the ship’s rail in the ____. (A)

A. port of shipment

B. place of shipment

C. port of destination

D. place of destination

2. Under the CFR term, the seller must, in addition, pay the cost of carriage necessary to bring the goods to the ____ , when he delivers the goods to the carrier nominated by him. (D)

A. named place

B. named destination

C. any place

D. named port of destination

3. According to INCOTERMS 2000, under which group of the following trade terms is the seller required to bear the risk of loss of or damage to the goods when the goods pass the ship’s rail ?(C)

A. FCA/CFR/CIP

B. FCA/CPT/CFR

C. FOB/CFR/CIF

D. CFR/CPT/CIF