Question

Match the forms of price quotations in list 1 with their corresponding description in list 2.

Answer 1

A. Loco price is the price that includes the cost of the goods, Cost of packaging and normal profit.

B. Free alongside ship refers to the price of the good which includes the cost of the goods and all expenses to deliver the goods at the dock which is nearest to the seller.

C. Cash with order refers to the arrangement where the buyer sends cash with it's order.

D. Franco refers to the highest price quotation of a product.