Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

II. Please choose the best answer from the following choices of each question and write them in the corresponding blanks. ( 210=20 marks) 1. Which

image text in transcribedimage text in transcribed II. Please choose the best answer from the following choices of each question and write them in the corresponding blanks. ( 210=20 marks) 1. Which of the following stands for "Keep away from radiation and heat" ( ) A. B. C. D. 2. Which of the following trade term is fit for any mode of transportation? ( ) A. CIF B. FAS C. DES D. DDU 3. Which of the following items is not the characteristics of "Liner") A. fixed shape of ship B. fixed route C. fixed departures D. Fixed freight rates 4. When calculating freight, "W =M or A.V." stands for 1 ) A. on the basis of either weight ton, measurement ton or value, subject to the lowest one B. on the basis of either weight ton, measurement ton or value, subject to the highest one C. on the basis of either weight ton, measurement ton or value D. None of the above 5. The features of B/L contain (=) A. Receipt of the goods B. Evidence of the contract of carriage by the shipping company to carry the goods C. A document of title to the goods D. All of the above 6. Which of the following does not belong to General extraneous risks A. pilferage B. Leakage C. breakage D. war 7. Which of the following is the instrument of payment? ) A. Draft B. Promissory note C. Cheque D. all of the above 8. Content of the shipment clause involves A. Time of delivery or time of shipment B. Port (place) of shipment and port (place) of destination C. Partial shipments and transshipment D. All of the above 9. Which of the following item is the Principle of insurance ) A. Insurable interest B. Utmost good faith C. Indemnity D. All of the above 10. Which of the following belongs to Special Additional Risks A. Theft, Pilferage and Non-Delivery: TPND B. Fresh Water and Rain Damage C. Strikes Risk D. Risk of Leakage

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Management Control Systems Performance Measurement Evaluation And Incentives

Authors: Kenneth Merchant, Wim Van Der Stede

4th Edition

1292110554, 978-1292110554

More Books

Students also viewed these Accounting questions

Question

=+b) What is the standard deviation of the sample range?

Answered: 1 week ago

Question

Customers have to repeat information they have already provided.

Answered: 1 week ago