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InterviewSolution
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What Is Loco Or Ex-factory? |
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Answer» This means the price quoted includes cost of goods plus a NOMINAL profit. The PLACE of delivery would be the suppliers factory or GODOWN. The cost of transport, insurance and other expenses should be met by the buyer. This means the price quoted includes cost of goods plus a nominal profit. The place of delivery would be the suppliers factory or godown. The cost of transport, insurance and other expenses should be met by the buyer. |
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