1. Meaning ↓
Loco price includes the cost of goods at the factory or godown of the seller.Franco price includes the cost of goods plus all expenses upto the buyer's warehouse. 2. Preference ↓
The seller normally prefers Loco price.The buyer normally prefers Franco price.
3. Seller's Liability ↓
In case of Loco price, normally, the liability of the seller ceases once the goods leave his
Friday, 15 April 2011
Distinguish Between Loco and Franco Price - Comparison
Posted on 20:08 by Unknown
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