Kizspy | Question: 34
(Choose 1 answer)
Incoterms 2020: Under the Incoterm "CIP" (Carriage and Insurance Paid To), at what point does the risk transfer from the seller to the buyer?
A. When the goods are loaded onto the vessel
B. When the goods are cleared for export
C. When the goods are handed over to the first carrier
D. When the goods are delivered to the named place of destination
