
IPCK1
Authored by Tường Vy
English
1st - 5th Grade
Used 2+ times

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37 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
1. Which of the following trade terms (Incoterms 2010) are
applicable for maritime transport and inland waterway only?
a. FCA, FAS, FOB, CIF
b. CFR, FOB, CIF, FAS
C. CIF, CIP, FOB, FAS
d. FOB, FAS, CIF, DAT
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
2. In D/P, the collection instruction clearly stipulated that "All
charges are for drawee's account. In case of refusal, please waive
the charges". In fact, the importer did not agree to make payment
for both the value of the documents and the charges. What should
the collecting bank do?
a. Do not release the documents to the importer, and wait until the importer agrees to pay.
B. Do not release the documents to the importer, and advise the remitting bank without delay.
c. Automatically deduct the charges from the importer's account,
then release the documents to the importer.
d. Release the documents to the importer, and sue the importer for
not making payment.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
3. A "CLEAN BILL OF LADING" means:
a. There is no corrections and alterations on the B/L.
b. The word "clean" should appear on the B/L.
c. There is no clause or notation expressly declaring a defective condition of the goods.
d. (a), (b) and (c) are correct
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
4. In which trade term is Saigon port (Vietnam) a loading port?
a. CIP Saigon Port, Vietnam
b. CFR Saigon Port, Vietnam
c. CIF Saigon Port, Vietnam
D. FOB Saigon Port, Vietnam
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
5. An Advising Bank is responsible for:
a. The content of the credit or amendment that is appropriate to the sales contract.
b. Checking and determining whether or not the documents appear on their face to constitute a complying presentation.
c. The apparent authenticity of the letter of credit or amendment
d. None is correct.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
6. The bank having definite undertaking to honour a complying presentation is:
a. Paying bank
B. Confirming bank
c. Negotiating bank
d. Transferring bank
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
7. What type of L/C would be used when a company exports goods through middleman?
A. Red Clause L/C
b. Transferrable L/C
c. Reciprocal L/C
d. Negotiable L/C
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