Freight Forwarding 3 exam review

   An intellectual property item that refers to music, art or written material is called a _________.

• Patent

• Copyright

• Trademark

• Trade lane

A promise by both parties to a contract to not disclose what they have learned about each other’s business to other parties is ___________________________.

• Comformity

• Conveinence

• Confidentiality

• Cause

Two types of termination are _________________ and _______________________.

• Just Cause and Convenience

• Just Cause and Confidentiality

• Just Because and Convenience

• Just Cause and Conformity

An event beyond the control if any of the parties in an agreement that prevents one of the parties from fulfilling its obligations is called __________________________.

• Force Maquiladoras

• Force  Mercatoria

• Force Majeure

• Force Major

The term that defines only a large scale disaster such as; floods or volcanic eruptions is call an ___________________.

• Act of Congress

• Act of God

• Act of the Sea

• Euro Act

The products, territory and customers to the contract is referred to in a contract as the _____ ________________________.

• Scope of Work

•   Scope of Law

• Term of Appointment

• Scope of Appointment

The geographical area in which the agent or distributor is restricted/expected to sell is call _______________.

• Territory

• Home Port

• Territorial Airspace

• Territorial Waters

An agent or distributor that has been granted the right to be the sole representative of the exporter is ___________________________.

• Inclusive Representative

• Omni-elusive Representative

• Exclusive Representative

• Reclusive Representative

The customer to which the agent or distributor is not allowed to sell and are handled directly by the exporter are _______________________.

• Corporate Representative

• Corporate Account

• Distributors Account

• Cancelled Account

The initial duration of the distribution contract, and the duration of its eventual renewal period is known as the __________________________.

• Term of Work

• Scope of Law

• Term of Appointment

• Scope of Appointment