Which of the following is true of an FAS (free alongside) contract?
A) The seller must deliver the goods alongside the vessel at his or her own risk and expense.
B) The seller must deliver the goods alongside the vessel at the buyer's risk and expense.
C) It does not include maritime contracts.
D) It is not accompanied by the name of a specific vessel or port.

Question

Quizplus · Accepted Answer

FAS (free alongside) is commonly used in maritime contracts and is normally accompanied by the name of a specific vessel and port. The seller must deliver the goods alongside the vessel at his or her own risk and expense.

Which of the Following Is True of an FAS (Free