Question

Which of the following is essential while making price quotations for international sale?

A) Parties to a transaction must be certain that the price quotation must not reveal the credit terms involved.
B) Price quotations must act as the primary outside source of aid for companies beset by the uncertainty of a countertrade.
C) The price quotation must state who pays transportation charges and from what point.
D) The price quotation and contract should define only the quantity and not the quality.
E) Parties to the transaction must ensure that the quotation is made only in terms of electronic trade dollars.

Answer 1

The essential element to consider while making price quotations for international sale is specifying who pays transportation charges and from what point.

Step-by-step explanation:

The essential element to consider while making price quotations for international sale is option C) The price quotation must state who pays transportation charges and from what point.When making price quotations for international sale, it is important to clarify who is responsible for paying transportation charges and from where the shipment should be picked up. This helps avoid any confusion or disputes regarding the costs associated with shipping the goods.For example, if a company in Country A is selling goods to a company in Country B, the price quotation should specify whether the transportation charges will be borne by the buyer or the seller, and from which point the responsibility for transportation starts.