1、678910I. Multiple choicesBCADII. True or false stateme ntsTFIII.Explain the followi ng terms1.shipme nt con tractShipme nt con tract is a con tract using an In coterm which in dicates that the delivery happe ns at the time or before the time of shipme nt.2.symbolic deliverySymbolic delivery is a del
2、ivery situation in which when the seller delivers the buyer does not physically receive the goods. This kind of delivery is proved by the submissi on of tran sport docume nt by the seller to the buyer.3.arrival con tractArrival con tract means a con tract using an In coterm which in dicates that the
3、 delivery happe ns whe n the goods arrive at the desti natio n.4.actual deliveryActual delivery refers to a delivery situation in which when the seller delivers the buyer does physically receive the goods.IV.Short questi ons1.Who pays for loadi ng for shipme nt un der FOB ?The seller.2.Who pays for
4、un loadi ng un der CIF?The buyer.3.Compare and con trast FOB, CFR and CIF?Similarities: a. The sellers risk will be transferred to the buyer when the goods are loaded on board, b. The seller is responsible for export customs formalities while the buyer is responsible for import customs formalities,
5、c. The buyer is resp on sible for uni oadi ng the goods at the port of desti nati on, d. All three termscan only be used for waterway tran sportatio n.Differen ces: a. FOB requires the buyer to arrange and pay for the ocea n tran sportatio n; CFR requires the seller to arrange and pay for the ocean
6、transportation; CIF requires the seller to arrange and pay for the ocean tran sportati on and in sura nce aga inst the buyers risk.4.What are the two types of trade terms concerning the tran sfer of risks?Shipme nt con tract terms vs. arrival con tract terms. Un der shipme nt con tract terms the sel
7、lers risk will be tran sferred to the buyer before the goods depart from the place/port of shipme nt. Un der arrival con tract terms the seller will bear the risk of the goods un til the goods arrive at the desti nati on.5.What are the differe nces and similarities betwee n CPT and CFR?Major similar
8、ities: a. The seller should con tract and pay for the major carriage. b. The seller is not tak ing the risk of loss of or damage to the goods during the transportation.Difference: a. CPT is applicable to any kind of transportation mode while CFR is only used for waterway tran sport, b. Un der CPT th
9、e sellers risk will be tran sferred to the buyer whe n the goods are han ded over to the first carrier nominated by the seller. Under CFR the sellers risk will be transferred when the goods are loaded on board the vessel.6.What are the differences and similarities between CIP and CIF? a. The seller
10、should con tract and pay for the major carriage. b. The seller is not tak ing the risk of loss of or damage to the goods duri ng the tran sportati on, c. The seller must obta in in sura nce aga inst the buyer a. CPT is applicable to any kind of transportation mode while CFR is only used for seaway o
11、r inland waterway tran sport, b. Un der CPT the sellers risk will be tran sferred to the buyer whe n the goods are han ded over to the first carrier nomin ated by the seller. Un der CFR the sellers risk will be tran sferred whe n the goods are loaded on board the vessel.7.If you trade with an Americ
12、a n, is the sales con tract subject to In coterms without any doubt? What should you do?No. The Revised American Foreign Trade Definitions 1941 is still in use, especially in the North American area. It has different interpretation about some trade terms. The traders should clarify the choice of rul
13、es before any further discussi on.8.What are the most com monly used trade terms?FOB, CFR & CIF.9.Who is resp on sible for carry ing out customs formalities for exports un der an FOB con tract?The seller. Accord ing to In coterms 2010, except EXW and DDP these two terms, all the other eleve n terms
14、require the seller to han dle the export customs formalities, while the buyer the import customs formalities.10.If a Chin ese trader sig ns an FOB Hamburg con tract, is he export ing or import ing?Import ing. FOB should be used with a n amed port of shipme nt, if Hamburg is the port of shipme nt, fr
15、om the Chin ese traders perspective, he is import ing.V.Case studies1.An FOB con tract stipulated The shipme nt will be effected in March 2011. When the goods were ready on 10 March 201 l, the seller con tacted the buyer for shipme nt details. The buyer faxed Please send the goods to the port for loading on 21 March. The vessel will depart on 22 March. The seller sent the goods to the port accord in gly. However the nomin ated vessel did not turn up and the goods had to be stored in the warehouse at the por
copyright@ 2008-2022 冰豆网网站版权所有
经营许可证编号:鄂ICP备2022015515号-1