11. What are the advantages of electronic delivery of bill of lading____? (ABCD)0 s7 k, x4 ~, H& }! N; L( Z
A. it reduces the cycle time for the forwarding and presentation of documents x' X6 R- A: k5 t8 k
B. it reduces the costs related to manual document preparation# j# }: U8 e3 c; K/ F2 d2 }
C. it allows a buyer to take title to the goods once they have arrived at port
- p# b$ ]3 n3 f) v7 [ D. an easy-to use online bill of lading generator will save time and provide the documents instantly
. [; \' h( V8 y3 m8 u4 F8 [ 12. Which of the following statements are true about bills of lading____? (BC)- B8 Q, I( E/ Q$ k3 c' E! T9 I
A. when one of the originals being surrender to the carrier, the others are still valid
8 ]4 D0 ^7 v1 J6 M) y" c B. the originals are marked as “original” on their face
f3 p& o# J* H/ l+ A- z* L. ` C. the original bills of lading are proof of ownership of goods
$ s+ [/ [/ \/ y6 f) { D. usually, only one original bill of lading is issued
6 Q& A2 R6 l/ a. z& R 13. Which of the following statements is unlikely to be found on a foul bill of lading____? (ABC)
) K& m$ K& v+ s( X0 j8 c0 @7 x2 M A. insufficient packing) N# Y' ]" `! q7 y1 |( _4 E
B. missing safety seal
7 W( T% E2 l) j3 w( f C. two cartons short# r$ B8 j6 R5 O. m" ?4 g% P
D. apparent good order and condition% G+ E% a) o) U' Z2 [ X8 X
14. The bunker is payable by the charterer under____. (BC)' ^# |; x. I5 u% a$ A" W" K
A. voyage chartering
; N4 ]9 n; X7 h/ R8 K8 ?' ] B. time chartering
U K8 @( M& o2 b) K, X C. bareboat chartering4 \0 W3 q2 W7 ^" T, u
D. contract of affreightment
2 ^9 }1 R) a) I% C 15 In the practice of L/C transaction, the buyer is not required to pay for the goods until the arrival of the relevant____. (C)- }4 N% z5 s% T" |: S3 H6 N/ A
A. B/L; H9 d, m; ]6 o; U- c) J
B. invoice. E4 |2 @& _8 A! h1 [+ H
C. documents stipulated by L/C
: T c; O( ?; ?' w t1 S D. L/C
Q& ]3 E) e& c 16. According to documentary credit, the____, on receipt of letter of credit, will have to prepare shipment of the contract goods within the delivery date. (D)
6 o! P6 R; R& D# N+ l6 p A. agent
0 `" K3 F% J. W) H% O2 b6 j+ Z+ d, } B. customer7 p) u! J: w5 x, M
C. buyer
2 Z/ E/ E" L& U! e" k! i2 c5 `8 _: C D. seller |