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BUSN 4130 Ch 9

Authored by Phillip Anu

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BUSN 4130 Ch 9
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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does 'Incoterms' stand for?

International Commercial Terms

Internal Company Terms

International Container Terms

Intercontinental Transfer Modes

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which document proves ownership of the goods and can be used to transfer title in international shipping?

Packing List

Sales Contract

Bill of Lading

Proforma Invoice

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If a buyer wants to import goods with the least responsibility on them, which Incoterm should they choose?

EXW (Ex Works)

FOB (Free On Board)

DDP (Delivered Duty Paid)

CFR (Cost and Freight)

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the 'Bill of Lading' NOT typically include?

Quantity of goods

Price per unit

Destination of goods

Shipper's contact information

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which document would you NOT typically need when preparing goods for international shipment?

Certificate of Origin

Letter of Credit

Commercial Invoice

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