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Incoterms are international trade terms that define the responsibilities and risks of buyers and sellers in cross-border transactions.
Dockers loading bagged cargo. FOB (free on board) is a term in international commercial law specifying at what point respective obligations, costs, and risk involved in the delivery of goods shift from the seller to the buyer under the Incoterms standard published by the International Chamber of Commerce.
Amazon launches Free Super Saver Shipping, which allows customers to get free shipping for orders above $99. [97] 2002: March: Legal, Competition: Amazon settles its October 1999 patent infringement suit against Barnes & Noble (over its 1-Click checkout system, which it received a patent for in September 1999). It originally charged that Barnes ...
To ensure safety at sea and prevent damage to property, personnel and environment.; In order to comply with the ISM Code, the Company operating the vessel has to be audited first (after they submit their Safety Management System Manual (SMS) and is approved by Flag Administration or Recognized Organization (RO).
TANSTAAFL: a plan for a new economic world order by Pierre Dos Utt (1949). The earliest known occurrence of the full phrase (except for the "a"), in the form "There ain't no such thing as free lunch", appears as the punchline of a joke related in an article in the El Paso Herald-Post of June 27, 1938 (and other Scripps-Howard newspapers about the same time), entitled "Economics in Eight Words".
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