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Canada Law about international contracts. MC question. Please give true answers. Question 1 1a) Product liability is based on fault: A. in all of Canada.

Canada Law about international contracts. MC question. Please give true answers.

Question 1

1a) Product liability is based on fault:

A. in all of Canada.

B. in all of Canada except Alberta.

C. in all of Canada except British Columbia

D.in all of Canada except Quebec.

E. None of the above.

1b) A bank undertakes a direct obligation to an exporter to pay on the proper presentation of documents described in the letter of credit is called :

A. advising bank.

B. confirming bank.

C. issuing bank.

D. nominated bank.

E. both A & D.

1c) Ocean waybills are:

A. non-negotiable contracts of carriage of goods by sea.

B. receipts

C. documents of title.

D. all of the above

E. both A & B.

1d) Which of the following is correct?

A. In most common law countries, the failure to deliver goods on time gives the incorrect party the right to terminate the contract.

B.In many civil law countries, a seller who is late in delivering goods may be granted an additional period of time to deliver, during which the contract will not be considered to be breached.

C. It is normally the duty of seller to pack goods in a manner to ensure their safe arrival. Failure to do so may give the buyer the right to reject the goods.

D. All of the above are correct.

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