Adoption of incoterm is
A. compulsory for all international contracts
B. compulsory for all letter of credit transactions.
C. optional for the parties to the contract.
D. mandatory for transactions with Europe.
Answer:C
Adoption of incoterm is
A. compulsory for all international contracts B. compulsory for all letter of credit transactions. C. optional for the parties to the contract. D. mandatory for transactions with Europe.