Question

When the seller does not load goods on any vehicle or clears them for export, this is then known as:

a) Free Carrier
b) Ex-Works
c) Carriage paid to

Answer 1

When the seller does not load goods on any vehicle or clears them for export, this is then known as Ex-Works.

so the correct answer is option B. Ex-Works.

Step-by-step explanation:

Ex-Works Definition: Ex-Works (EXW) is an international trade term where the seller makes the goods available at their premises, and the buyer is responsible for all transportation costs, risks, and any other charges from that point onwards.

In the context of the question, the scenario described aligns with the definition of Ex-Works, where the seller, upon making the goods available, does not load them on any vehicle or clear them for the export.