Question

If the seller wishes to make his goods available to the buyer at his place of business with the buyer arranging all transportation and bearing all risks from the time the goods leave the seller's door, the seller should quote his prices:

Answer 1

Answer: c. Ex factory

Step-by-step explanation:

When a good is quoted as Ex factory, it means that the costs and risks of transporting the goods purchased lie with the buyer as soon as the goods are purchased. The buyer incurs the shipping cost and as such might have to hire a freight company to transport the goods. Should anything be damaged or list in transit, the buyer cannot demand anything from the seller.