[Incoterms2010]TrueorFalseByJanuary2011,alltransactionsmustusetheIncoterms2010.TrueorFalseIncotermsarenotallinclusiveandcannotaddressissuessuchascustomaryoperationsofcarriers,portsandtradegovernmentregulations.TrueorFalseIncotermsdefinetheroleandresponsibilitiesofthebuyerandsellerfordeliveryofgoodsunderthesalescontractandaretheauthoritativetextfordetermininghowcostsandrisksareallocatedtotheproperpartiesIncotermsdefineallofthefollowingobligationsexcept:Provision&priceaspersalescontractDeliveryTransferofRisksPassageofTitleWhichofthefollowingIncotermsarenewinIncoterms2010:Pleaseselectallthatapply.DAFDAPDATDDUTrueorFalseCIPcanbeusedformulti-modaldeliveries.WhichofthefollowingIncotermsarePreferredbyAirProducts?Pleaseselectallthatapply.HYPERLINK"http://webcms.apci.com/Sites/4/ITC/FCA+-+Free+Carrier+(2010).htm"FCA-FreeCarrierHYPERLINK"http://webcms.apci.com/Sites/4/ITC/CPT+-+Carriage+Paid+To+(2010).htm"CPT-CarriagePaidToHYPERLINK"http://webcms.apci.com/Sites/4/ITC/CIP+-+Carriage+and+Insurance+Paid+To+(2010).htm"CIP-CarriageandInsurancePaidToHYPERLINK"http://webcms.apci.com/Sites/4/ITC/DAP+-+Delivered+at+Place+(2010).htm"DAP-DeliveredatPlaceHYPERLINK"http://webcms.apci.com/Sites/4/ITC/DDP+-+Delivered+Duty+Paid+(2010).htm"DDPHYPERLINK"http://webcms.apci.com/Sites/4/ITC/DDP+-+Delivered+Duty+Paid+(2010).htm"-DeliveredDutyPaidTrueorFalseInthecontextofapplyingIncotermstoashipment,theterm‘Delivery’indicateswheretheriskoflosspassesfromsellertobuyer."Delivery"canoccuratanypointinthephysicalmovementofthecargo.ForthetermCIPShanghai,wheredoesthedeliverytakeplace?FirstcarrierfromtheSeller’slocationPortofShanghaiWhenthebuyerpicksupthegoodsfromtheplantNoneoftheaboveTrueorFalseIncotermsareNOTlaw,butareasetofrulestoguideInternationalTradeandcanbeusedasthedefininginterpretationforhowcostsandrisksaretobehandled.TrueorFalseAnumberofrisksininternationaltradecanbemitigatedthroughthepaymentmechanismsusedtosettleatradetransaction.Froma