 Since an entirely different set of Terms is used in

INTERNATIONAL TRADE , the buyer and the seller

must have the common understanding of the terms
of SALE.
 Based upon the quoted terms of sale,sellers
responsibility will be clarified in erms called
INCOTERMS.
 These incoterms are used universally to determine
who pays for what and when the responsibilty for
goods tranfers from the seller to the buyer.
 In a C & F Price i.e Cost & freight method of
quotation , Seller must pay the costs and freight to
bring the goods to the port of destination.

 However, risk is transferred to the buyer once the

goods have crossed the ship's rail. (Applicable to
Maritime transport only.)
 Seller quotes a price for the cost of goods, which
includes the cost of inland and overseas
transportation from the point of origin to port of
landing.

 Additional charges outside of the agreed freight

charges fall to the account of buyer.

 Insurance is the responsibility of the buyer.