INCOTERMS

Whenever you get a price quote or you issue a price quote, state the Incoterm so there is no misunderstanding of what that quote entails. Officially, Incoterms are defined by the International Chamber of Commerce but the attached guide, page four, may be easier to visually see the transfer of responsibilities (I am not endorsing or promoting IncoDocs, they just have a nice explanatory layout).

Information on INCOTERMS is available at https://iccwbo.org/resources-for-business/incoterms-rules/incoterms-2020/