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Freight Forwarding week #3 Day #1

Authored by Willie Pope

Instructional Technology

Professional Development

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Freight Forwarding week #3 Day #1
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24 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The body of laws and international agreements that govern the relationship and contracts between international parties is called?

breach of contract

lex mercatoria

vienna convention

choice laws

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the second step in the formation of a contract?

Offer

Acceptance

Ratification

All of the above

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In the event that one party to a contract does not meet their obligations, it is called?

Termination

Just Cause

Breach of Contract

Convenience

All of the above

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The language in which a contract is written is called what?

acceptance

offer

contract language

breach of contract

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The first step in the formation of a contract is what?

Acceptance

Contract Language

Offer

None of the above

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The assumption that both parties entering into an agreement do not have ulterior, or undisclosed motives is what?

choice law

good faith

rejection

ratification

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When and agent or distributor notifies the exporting country's government that it its entering into a distribution agreement with an exporter is called?

Choice of Law

Choice of Forum

Registration

Offer

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