JAMB - Commerce (2024 - No. 38)
When the price quoted includes all the cost to the actual destination, that is, from the seller's warehouse to the buyer's warehouse. it is called
loco price
franco
carriage paid
cash on delivery
Пояснення
The term "franco" or "franco destination" indicates that the seller is responsible for all shipping and delivery costs associated with transporting the goods from their warehouse to the buyer's warehouse. It means that the price quoted includes the cost of carriage, insurance, and any other charges required to deliver the goods to the specified destination.