LM Quiz 2

Maya is preparing to send a shipment of goods to a client. What is a commercial invoice?

• A certificate of inspection

• A detailed description of the goods supplied by the exporter

• A document showing the shipping instructions

• An insurance policy

Zoe is preparing for a trip and needs to create a packing list. What does a packing list contain?

• Details of goods contained in each parcel or shipment

• The bill of lading

• The origin of the goods

• The insurance policy details

Avery is shipping a large order of electronics to a client. What is the purpose of a bill of lading?

• To provide a detailed description of the goods

• To state the origin of the goods

• To protect the exporter from loss

• To acknowledge the receipt of goods by the shipping company

What does an airway bill acknowledge in the context of James shipping his new bicycle through an air courier service?

• The receipt of goods for transshipment through air carriage

• The inspection of goods

• The details of the shipping order

• The payment for goods supplied

What is the function of a certificate of inspection in a shipping scenario involving Samuel's goods?

• To state that goods have been inspected as required

• To declare the insurance policy

• To provide shipping instructions

• To acknowledge receipt of goods

Aiden is shipping a valuable painting to an art gallery. What does an insurance policy protect against?

• Quality control failures

• Customs clearance issues

• Delays in transportation

• Loss or damage in transit

Noah is preparing to export handmade furniture to a client overseas. What is a certificate of origin?

• A document stating the origin of the goods

• A letter to the bank for collection

• An insurance declaration

• A list of goods in a shipment

Isla is trying to understand the purpose of a bill of exchange. What is a bill of exchange used for?

• To provide shipping instructions

• To declare the insurance policy

• To acknowledge receipt of goods

• To facilitate payment for goods supplied

Avery is preparing to sell some handmade crafts at a local market. What is a proforma invoice?

• A document containing details of goods to be sold

• A certificate of inspection

• A bill of lading

• An insurance policy

What is a mate's receipt?

• A bill of exchange

• A certificate of origin

• An insurance declaration

• A document acknowledging receipt of goods on the ship