南京理工大学
- Demurrage is a fine imposed on the charterer for the delay in the loading and/or unloading of the goods.
- A letter of credit places a bank’s credit instead of a commercial credit, so the beneficiary has no risks to get payment.
- A commercial invoice is a statement describing the merchandise, its cost, and shipping charges.
- Net weight refers to the actual tare of all the packing materials.
- Compared with CIF, the importer will bear fewer obligations under the FOB.
- During the business negotiation, the offer is only made by the seller and the acceptance is only made by the buyer.
- The arbitration agreement can be concluded before or after the dispute.
- If the goods are to be exported to Japan from Xi’an (an inland city in China), FCA is better than FOB.
- When a bank decides to advise the credit, it shall take reasonable care to check the apparent authenticity of the credit which it advises.
- The United Nations Convention on Contracts for the International Sale of Goods does not limit the forms of contracts.
- Unless otherwise stipulated in the credit, a transferable credit can be transferred only once.
- The quantity terms of goods are one of the conditions of an effective sales contract.
- When the ship’s owner speeds up his ship and arrives at the destination at an earlier date than stipulated, he can obtain dispatch money from the charterer.
- “INCOTERMS2020®” is the latest edition, including 11 different international trade terms.
- If the goods are sold by weight, but there aren't any stipulations about the method for calculating weight in the contract, then the payment for goods should be calculated according to its net weight.
- If an issuing bank increases the amount from USD20,000.00 to USD25,000.00, the issuing bank shall be irrevocably bound by the amendment by it, the confirming bank may extend its confirmation to the amendment or not extend its confirmation to the amendment.
- The issuing bank can't dishonor the documentary bill when the documents comply with the terms and conditions of the credit whereas the goods do not comply with the contract.
- Not all the documentary credits are operated through banks.
- An offer, even if it is irrevocable, may be withdrawn at any time.
- Discounting means to sell a time bill already accepted by the drawee but not yet fallen due to a financial institution at price equal to its face value.
- According to UCP 600, all the credits are irrevocable and thereby constitute a definite undertaking of the issuing bank to honor a complying presentation.
- Since straight B/L bears a higher risk than the order B/L, it is rarely used in international transportation.
- According to the CISG, if the package of the goods is not in accordance with the terms and conditions of the contract, the buyer could reject the goods and lodge claims.
- It is totally up to the importer and the exporter to decide if an inspection of the goods is necessary.
- Under the CIF, the seller procures the insurance and pays the insurance premium. However, in general, when damage occurs during the voyage, the buyer needs to make the claim against insurance Co. when the goods arrive at the destination.
- According to the INCOTERMS2020®, the seller must bear all risks of loss of or damage to the goods until such time as they have ( )at the named port of shipment under passed the ship's rail at the port of shipment
- A Chinese Company made an offer on June 10th and it indicates that “Reply here not later than June 15th. On June 13th, the Chinese Company received the reply from the opposite side, saying “Your 10th offer we accept subject to the import license.” Then the reply is ( ).
- In the international sale of goods, ( ) are the essential legal steps for the conclusion of the contract.
- The bill of lading presented to the consignee or buyer or his bank after the stipulated expiry date of presentation or after the goods are due at the port of destination is a ( ).
- If the CIF value in an international contract is USD 9 000 000, and there isn’t any special terms and conditions about the insurance, then according to INCOTERMS2020®, the seller could ensure the goods for ( ).
- A statement made by or other conduct of the offeree indicating agreement to an offer is a (n) ( ).
- Generally speaking, among the following methods, both the seller and the buyer would choose ( ) to settle the disputes between them.
- The international uniform customs practice in written for documentary collection is ( ).
- ( ) is the name given to the sum of money which a person agrees to pay to an insurance company?
- The Belt & Road Initiative was announced by Chinese President Xi Jinping in the year ____.
- Among the following conditions, ( ) is not the prerequisite of an effective offer.
- The documentary credit is to the advantage of ( ).
- According to INCOTERMS2020 ®, the Seller can only buy ( ) under the CIF.
- According to UCP 600, under L/C, the payer of the draft is ( ).
- An exporter in Guangzhou has agreed to sell goods to a company in New York. The exporter is not responsible for arranging transport and insurance. Which of the following shipping terms is correct? ( ).
- According to UCP 600, ( ).
- The term FOB should be followed by ( ).
- An L/C calls for FOB shipment. The B/L should be marked ( ).
- Among the following payment methods, ( ) is the safest for the seller.
- According to INCOTERMS2020®, the Buyer bears the maximum obligations under ( ).
- Which of the following expressions to quality is right and proper. ( )
- Generally speaking, it is the ( ) who clear the goods for export.
- According to INCOTERMS2020®®，under the trade term ( ), the importer must pay the costs of customs clearance in the exporting country as well as the importing country.
- According to UCP 600, the confirming bank must negotiate and/or honor ( ).
- Which of the following unit price clause is correct when we export or import something since 2010? ( ).
A:错 B:对
答案:对
A:错 B:对
答案:错
A:对 B:错
答案:对
A:错 B:对
答案:错
A:错 B:对
答案:对
A:对 B:错
答案:错
A:错 B:对
答案:对
A:错 B:对
答案:对
A:对 B:错
答案:对
A:错 B:对
A:对 B:错
A:对 B:错
A:错 B:对
A:错 B:对
A:错 B:对
A:错 B:对
A:对 B:错
A:错 B:对
A:对 B:错
A:对 B:错
A:对 B:错
A:错 B:对
A:错 B:对
A:错 B:对
A:错 B:对
A:landed at the port of destination B:A or B C:delivered on the truck at the seller’s warehouse D:delivered on board the vessel at the port of shipment
A:an effective acceptance B:a counter offer C:an effective acceptance if the Chinese Company keeps silent D:none of the above
A:inquiry and offer B:offer and accept C:offer and counter offer D:inquiry and acceptance
A:ante-dated B/L B:confirmed B/L C:straight B/L D:stale B/L
A:USD 9 900 000 against FPA B:USD 9 900 000 against TPND C:USD 9 900 000 against All Risks D:USD 9 900 000 against WPA
A:counter-offer B:Offer C:Acceptance D:Inquiry
A:arbitration B:conciliation C:friendly negotiation D:litigation
A:UCP600 B:Incoterm2010 C:ISP98 D:URC522
A:Commission B:compensation C:investment D:premium
A:
2014
B:2013
C:2012
D:2011
A:The offer should be made to one or more specific persons B:The contents of the of the offer must be very clear C:The main trade conditions of the must be very complete D:It must indicate the intention of the offeror to be bound
A:commission agents B:the buyers C:banks D:the sellers
A:All Risks B:WPA C:FPA D:WA
A:the buyer B:the advising bank C:the negotiating bank D:the issuing bank
A:CIF New York B:FOB New York C:CFR New York D:FOB Guangzhou
A:only irrevocable L/C is accepted B:an L/C can be irrevocable or revocable C:only revocable L/C is accepted D:both revocable and irrevocable L/C are acceptable
A:port of destination B:port of shipment C:point of origin D:place of shipment
A:Freight Collect B:Freight Prepaid C:Freight Paid D:Freight as per charter party
A:Payment against documents, at 30 days from the date of B/L B:Payment by T/T 15 days before the Seller delivers the goods C:Payment against documents, at 30 days after sight D:Payment by acceptance L/C, at 30 days after sight
A:CFR B:CIF C:CIP D:FOB
A:Cloth Doll Sample No. 123, quality to be completely equal to the sample B:Chinese Groundnut, Moisture 13%, Admixture 5%, Oil content 44% C:Tetracycline HCL Tablets, Sugar Coated, 250mg, B.P. D:grey duck’s down, duck’s down content 18% (1% more or 2% less)
A:Exporter B:Importer C:shipping company D:Opening bank
A:DDU B:DDP C:CIF D:EXW
A:if it has received a complying presentation from the presenter B:if the applicant agrees to negotiate and/or honor C:if the issuing bank agrees to negotiate and/or honor D:if the beneficiary has shipped the stipulated goods on time
A:JPY200 per carton CFR England B:GBP 2,000 per set CFR New York INCOTERMS®2010 C:USD per ton CIFC New York D:USD100.00 per case less 50% discount
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