Trade terms is the dispensable part in the export contract for commodity. It is very important to define the obligations and duties of the buyer and the seller in the process of doing business. In order to smooth transact, the two parties shall specify the risks, duties and fares when negotiating and signing the contract. At present, the proportion of export contract, using FOB is more and more big. In this thesis, the author roughly represents the two parties’ basic obligations relatively and how is FOB used in China and the risks the exporters will encounter---- insurance risk, the risk whether the buyer to pick up the goods timely, the risk whether the carrier designated by buyer is accountable, the risk of Bill of Lading and the risk of payment. Finally, the thesis discusses how to take precautions to avoid the above-mentioned risks.
【Key Words】FOB;Risk;Insurance;Terms Of Payment; Bill Of
Lading