Hi everyone, I need some discussions about the quizes answer

Rashedul Hoque Robin (Student) (36 Points)

02 April 2010  

1
Marks: 2
Air Way Bill (AWB) in air freight
Choose one answer.
    a. serves as a receipt for goods and as evidence of the contract of carriage, but it is not a document of title to the goods. It is non negotiable.    
    b. serves as a receipt for goods and as evidence of the contract of carriage, and the owner of the AWB:s can sell the cargo under air transport the same way as the cargo can be sold with the Bill of Lading in sea transport    
    c. serves as a receipt for goods and as evidence of the contract of carriage and the consignee cannot obtain the cargo before paying the invoice    
Question 2
Marks: 2
Standard containers in international sea transport are
Choose one answer.
    a. 100 cubic feet containers which can be transported in lo-lo vessels    
    b. 2x2x12 meter containers which can be transported in both ro-ro and lo-lo vessels    
    c. 20 feet (20') and 40 feet (40') containers which can be transported in both ro-ro and lo-lo vessels    
Question 3
Marks: 2
A pallet is
Choose one answer.
    a. a mini container used in pickup transport    
    b. a mini container used in sea, truck and railway transport    
    c. a flat transport structure used in all modes of transport but mainly used in air transport and is usually made of aluminium    
Question 4
Marks: 2
The TIR system has been
Choose one answer.
    a. devised to facilitate to a maximum extent the international movement of goods under Customs seals to standardize customs clearance procedure at each border. The TIR carnet system only concerns truck transportation.    
    b. devised to facilitate to a maximum extent the international movement of goods under Customs seals without customs clearance procedures at each border. The TIR carnet system concerns all modes of transportation.    
    c. devised to facilitate to a maximum extent the international movement of goods under Customs seals without customs clearance procedures at each border. The TIR carnet system only concerns truck transportation.    
Question 5
Marks: 2
On board bill of Lading means that
Choose one answer.
    a. the goods have been loaded on board the Vessel or are in the custody of the shipper.    
    b. the cargo is packed into container(s) supplied or furnished by or on behalf of
the Merchant, including the container(s) as well.    
    c. the goods have been loaded on board the Vessel in containers (including an open top container) flat rack, platform, trailer, transportable tank, pallet or any other device used for transportation of goods.    
Question 6
Marks: 4
Search from the internet the following sea transport documents: LWB (Liner Way Bill) and B/L (Bill of Lading). Explain their usage and differencies.
Answer:
   
       
       
       
How to answer that question:

1. We have two incoterms , FOB "Ms Bulvania" Oulu and FAS "Ms Bulvania" Oulu. Explain the difference between these incoterms concerning the seller´s risks and costs of shipment.

2. Direct export is
Choose one answer.
    a. exports to a foreign buyer without any middle-men    
    b. exports through an agent to a foreign buyer    
    c. exports through an importer to a foreign buyer

3.Immediate export is
Choose at least one answer.
    a. exports through a foreign middle-man/men to a foreign buyer    
    b. exports to foreign customers without any middle-men    
    c. exports to a company´s own factory abroad without any middle-men    
4. An importer
Choose one answer.
    a. buys goods from a foreign seller in the retailer´s name and at his risk    
    b. buys goods from a foreign seller in his own name but sells the goods at the retailer´s own risk    
    c. buys goods from a foreign seller in his own name and at his own risk and sells the goods to retailers   

5. A company in Sotkamo exports sacks of frozen blueberries to a jelly and marmelade factory in Hanover Germany. The berries spoil easily and they must be in good condition at their destination. Suggest a distribution channel the company could use.
   
   
   
   
   
   
   
   
1

Direct export is
Choose one answer.
    a. exorts to a foreign buyer without any middle-men    
    b. exports through an agent to a foreign buyer    
    c. exports through an importer to a foreign buer    
Question 2

Direct export is
Choose one answer.
    a. exports through a forwarding agent to a foreign buer    
    b. exports through a consignee to a foreign buyer    
    c. exorts to a foreign buyer without any middle-men    
Question 3

An export agent exports goods
Choose one answer.
    a. in the name of and at the risk of the client to a foreign buyer    
    b. in the name of the export agent but on behalf of and comissioned by the client to a foreign buyer    
    c. in the name of and at the risk of the export agent to a foreign buyer    
Question 4

Immediate export is
Choose at least one answer.
    a. exports through a foreign middle-man/men to a foreign buyer    
    b. exports to foreign customers without any middle-men    
    c. exports to a company´s own factory abroad without any middle-men    
Question 5

An importer
Choose one answer.
    a. buys goods from a foreign seller in the retailer´s name and at his risk    
    b. buys goods from a foreign seller in his own name but sells the goods at the retailer´s own risk    
    c. buys goods from a foreign seller in his own name and at his own risk and sells the goods to retailers    
Question 6

Indirect export is
Choose one answer.
    a. exports through a company´s own distribution unit to a foreign buyer    
    b. exports through a domestic agent (export agent) to a foreign buyer  -    
    c. exports through a foreign agent (import agent) to a foreign buyer    
Question 7

A company in Sotkamo exports sacks of frozen blueberries to a jelly and marmelade factory in Hanover Germany. The berries spoil easily and they must be in good condition at their destination. Suggest a distribution channel the company could use.






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Question 7
Marks: 4
Explain, what kind of services does a forwarding agent offer to the exporter and importer in foreign trade.
Answer:
Question 8
Marks: 4
Explain, what Institute Cargo Clauses A, B and C mean.
Answer:
Question 9
Marks: 4
What is meant by the multimodal transport?  In what kind of foreign trade is it used?
Answer:
Question 10
Marks: 4
What are lo-lo and ro-ro ships. For what kind of purposes are they used?
Answer: