Quiz tacn3

What was the name of Vietnam's brokerage firm in the transaction of 100 container cashew nuts to Italy?

• 1. Kim Hanh Viet

• Kim Mai Viet

• Kim Trung Viet

• Kim An Viet

Which payment method was used in this transaction?

• 1. Open Account

• Letter of Credit

• Document against Payment

• Authority to Purchase

Except Vietnam and Italy, which country had the bank that took charge of receiving the Original Bill of Lading 

• Germany

• Sweden

• Panama

• Turkey

Who directly communicated with the Italian Prime Minister to resolve the case?

• Minister of Industry and Trade Nguyen Hong Dien
  

• The Vietnamese Ambassador to Italy
  
  

• Prime Minister Pham Minh Chinh
  

• The Vietnam Cashew Association

 How many containers were returned to Vietnam from Singapore?

• 26

• 39

• 35

• 30

1. Which of the following practices is NOT recommended for exporters? 

• Conducting a credit information inquiry about new importers.
  

• Negotiating appropriate payment terms and methods for large-value transactions.

• Accepting straight bills of lading before payment is made in advance.

• Acting promptly and in accordance with legal procedures when handling scams.

1. What is the most appropriate payment method for high-value transactions with new partners?

• Documentary collection.
  

• Straight bills of lading.

• Advance payment or letter of credit (L/C).

•  Payment on delivery without prior agreements.

1. What was one of the key factors in successfully resolving the cashew nut scam in Italy?

• Accepting straight bills of lading for the shipment.
  

• Delaying action until the scam was fully investigated.

• Prompt and proper action in accordance with legal procedures.

• Allowing the scammers to retain control of the documents.

A unique code for each bank in global transaction is call:

• 1. TAYLOR

• SWIFT

• KANYE

• WEST

Why bill of lading important?

• Because it acts as the legal document that proves the ownership of the cargo.

• Because it Defines when the responsibilities and risks of the buyer transits to the seller

• Because it shows How the goods can be tracked throughout the shipping process.

• All of the above