- _____ published by the ICC contains detailed provisions dealing with the operation of documentary credit.
- In the practice of L/C transaction, the buyer is not required to pay for the goods until the arrival of the relevant____.
- According to documentary credit, the____, on receipt of letter of credit, will have to prepareshipment of the contract goods within the delivery date.
- Under the FOB term, the risk of loss or damage to the goods is transferred from the seller to the buyer when goods pass the ship’s rail in the ____.
- According to INCOTERMS 2000, which group of the following trade terms mean that the seller must contract for the carriage of the goods to the named port (or place ) of destination?____
- A shipment of fresh egg is transported to the docks by an exporter on an FOB contract. The eggs are broken by a crane falling them as they are awaiting to be loaded on board. The ___ should be liable for the damage.
- The freight forwarder, on behalf of the____, has the right to deliver the cleared goods to theconsignee.
- It is usually the ____ who issues relevant documents such as Forwarder’s Certificate of Receipt, Forwarder’s Certificate of Transport, etc.
- The freight forwarder assists the consignee in pursuing claims against the ____ for loss of the goods or damage to them if necessary.
- The scope of freight forwarder’s service on behalf of exporter includes_____.
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