Constructive control may also be important to a bank who has financed a transaction. Helps the government of the buyer's country control and regulate imports. A currency that can be bought and sold for other currencies at will. The exclusive right to reproduce, publish and sell printed materials, musical work, and art. Seller pays transport costs to named destination, but not insurance.
Seller pays transport costs and insurance to named destination.
The sale of goods or services that are paid for in whole or part by the transfer of goods or services from a foreign country. Duties levied on an imported good that has been unfairly subsidized by a foreign government. Risk that economic or political instability in the buyer's country will interfere with the buyer's ability to pay for goods supplied. Insurance document evidencing that insurance cover for a consignment has been taken out, but not giving full details. The government authorities designated to collect duties levied by a country on imports and exports.