cost, insurance, and freight. A mercantile-contract term allocating the rights and duties of the buyer and the seller of goods with respect to delivery, payment, and risk of loss, whereby the seller must (1) clear the goods for export, (2) arrange for transportation by water, (3) procure insurance against the buyer’s risk of damage during […]
cost insurance and freight Read More »
A mercantile-contract term allocating the rights and duties of the buyer and the seller of goods with respect to delivery, payment, and risk of loss, whereby the seller must (1) clear the goods for export, (2) arrange for transportation by water, (3) procure insurance against the buyer’s risk of damage during carriage, and (4) pay
cost, insurance, and freight Read More »
insurance n. 保险 双方约定，一方即被保险人〔insured〕给予另一方即保险人〔insurer〕一定的补偿或对价(保费)，而由保险人承诺赔偿被保险人将来可能遭受的某种损失的一种契约关系。