Under cifcip contracts what do cif cip stand for who is, Financial Accounting

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Under cifcip contracts what do cif cip stand for who is

Under CIF/CIP contracts: a) What do CIF, CIP stand for? b) Who is legally obligated to take out the insurance cover? c) What value should the insurance amount cover? d) who is responsible for making the insurance claim if the goods are damaged in transit?

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Financial Accounting: Under cifcip contracts what do cif cip stand for who is

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