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
The correct answer is: B
Explanation
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.