Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

just answer please 1. In international cargo transportation, the most widely adopted bill of lading is ( ). Straight B/L B. unclean B/L C. bearer

just answer please

1. In international cargo transportation, the most widely adopted bill of lading is ( ). Straight B/L B. unclean B/L C. bearer B/L D. order B/L

2. Which one of the following prices is correctly expressed? ( ) A. USD3.50 CIF Beijing B. USD3.50 per piece CIF C. USD3.50 per piece CIFC London D. USD3.50 per piece CIFC2 London

3. In international trade practice, the price that doesn't include commission and/or discount is known as ( ). A. actual price B. general price C. normal price D. net price

4. Under L/C payment term, the obligation of the advising bank is ( ). A. to notify the seller of the arrival of the L/C B. to issue the L/C upon the application of the importer C. to buy a documentary draft D. to make actual payment

5. Perils of the sea, such as vessel being stranded or grounded covered in an insurance policy is one kind of ( ). A.Natural calamity B. fortuitous accident C. general extraneous risk D. special extraneous risk

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

Analysing Financial Performance Using Integrated Ratio Analysis

Authors: Nic La Rosa

1st Edition

0367552523, 978-0367552527

More Books

Students also viewed these Accounting questions