ExamVeda
Login
Home
Marketing Abbreviations
?

What is the full form of "CIF"?

Answer & Solution
Correct Answer: Option C
Cost, insurance, and freight (CIF) is an international shipping agreement, which represents the charges paid by a seller to cover the costs, insurance, and freight of a buyer's order while the cargo is in transit. Cost, insurance, and freight only applies to goods transported via a waterway, sea, or ocean.
Examveda
Question posted by Examveda
Community

Join the Discussion

No comments yet Be the first to discuss this question.