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WorksheetsIncoterms Pre -Test
Total questions: 10
Worksheet time: 20mins
In air freight, the chargeable weight is based on actual weight in kilograms or volumetric weight (dimensions) in kilogram, whichever is higher.
True
False
Cheapest and best way of transporting heavy and bulky goods over a long distance.
Water
Road
Air
Who invented and patented the shipping container in 1956?
Malcolm McLean
Adam Hopkins
Thomas Campbell
If all the goods to be transported are accommodated in one single container, it is called ___________.
Full Container Load
Less than Container Load
Consolidated Load
A bonafide holder of a valid certificate of registration/professional identification card issued by the professional regulation commission (RA 9280).
Licensed Customer Broker
Licensed Sales Broker
Licensed Property Broker
Which incoterms has the condition wherein the buyer absorbs all the risk, insurance and cost?
EXW – Works
FCA – Free Carriage
FOB – Free on Board
What document is given prior to actual sale takes place?
Proforma Invoice
Expense Report
Credit Invoice
What is the meaning of Incoterm CPT?
Carriage Paid To
Carriage Ported Towards
Carriage Processed To
What is the meaning of Incoterm CIP?
Cost and Insurance Paid To
Cost and Interest Procured
Carriage and Insurance Paid To
What is the meaning of Incoterm FAS?
Free Alongside Ship
Forward Along Shipment
Free Allotted Ship
