WorksheetsTPT250 DEFINITION AND CONCEPTS
Total questions: 29
Worksheet time: 15mins
Based on the picture, what is special about this vessel?
It has barge and crane to facilitate unloading and loading
it can be used in sea and river
It operates without driver
It is a model only
What is demurrage?
A method of payment for goods whereby the buyer pays the seller in advance of shipment of goods.
Penalty charge by an operator to the shipper due to longer uses of vehicles caused by loading and unloading delay by shipper.
Combining two or more shipments in order to realize lower transportation rates.
A contract between a cargo shipper and carrier for the transport of multiple cargoes over a period of time.
Which is the correct reason of Flag of convenience (FOC) ? (Answer are 3 out of 4 of these answers)
To avoid taxation
To avoid political instability and political restriction
To engage in shipping commitments through bilateral, regional and other trade agreements
To gain advantage on sales tax, profit tax and registration fee
The picture above referring to which term?
marine
FOC
BACAT/LASH
JIT
Why is it important to calculate the passenger kilometre or ton-mile/kilometre?
To calculate no of passenger
To estimate time
The estimate the price of ticket
To increase the capacity and productivity of the service.
Which is the correct factors that influencing ship turnaround time?
Warehouse Layout
Weather conditions
Type of material handling
Type of tax imposed
Labor cost
Based on the picture, which is the correct type of monorail?
Safege
Interurbans
safege
Alweg
What is INCOTERM?
A method of payment for goods whereby the buyer pays the seller in advance of shipment of goods.
Penalty charge by an operator to the shipper due to longer uses of vehicles caused by loading and unloading delay by shipper.
A standard set of rules made by the International Chamber of Commerce.
A contract between a cargo shipper and carrier for the transport of multiple cargoes over a period of time.
Which is explaining FOB?
customer has the whole responsibility on the products starting from the beginning
customer has full responsibility fot the cargo once the products loads into the ship
To engage in shipping commitments through bilateral, regional and other trade agreements
To gain advantage on sales tax, profit tax and registration fee
The picture above referring to which term?
FAS (FREE ALONGSIDE SHIP)
EXW (EX WORKS)
CIF (COST, INSURANCE AND FREIGHT)
CPT (CARRIAGE PAID TO)
Which INCOTERM is this referring to?
FAS
EXW
FOB
CPT
CIFt
Reasons for registering a flag of convenience are as stated below EXCEPT:
Avoiding the regulations of the country that are burdesome for shipping operation
Avoiding the country's of origin which applied nationalization policy
Increase utilization of the shipping operation
Utilizing the advantages of reduced regulation under tha laws of its flag state.
All stated are the objectives of demurrage EXCEPT?
to avoid the nationalization of the opearation
to expedite the movement of the container at the port or terminal
to reduce the turnover time
to reduce cost
This policy is to pretect domestic transport industry from foreign competition and preserve domestically-owned infrastructure for national security purposes and ensure safety in congested territorial areas.
Flag of convenience
Cobottage Policy.
Self regulation
Society Regulation
Acts of the country.
Why is it important to calculate the passenger kilometre or ton-mile/kilometre? (Answer is more than 1)
To calculate no of passenger
To estimate cost
To reduce turnover time
To increase the capacity and productivity of the service.
Which is the correct factors that influencing ship turnaround time? (Answer is more than 1)
Warehouse Layout
Weather conditions
Type of material handling
Type of vessel
Transshipment cost
What TERM is this picture referring to?
FOB
CIP
DAT
CFR
INCOTERMS help streamline global trade by providing a common language for business to engaged in international trading.
TRUE
FALSE
Which IS NOT the special feature of LRT?
can be built on ground level or above or below
partially or fully segregated from other traffic
offers more frequest stop
the spped can reach 120 km/hour
On a particular day an airlines make 7 flights, each travels 200 kilometers and has 100 seats, and sells 50 tickets for each flight. What is the Load factor?
0.6/60%
0.4/40%
0.5/50%
0.3/30%
What is the role of special trade terms?
the terms define the rights and duties of the seller and the buyer as regards the point of delivery
the terms define the rights and duties of the seller and the buyer as regards the shipment
the terms define the rights and duties of the seller and the buyer as regards the procurement of transport documents
all of the above
Who set out the standardise rules of interpreting this system?
International Chamber of Commerce (ICC)
International Court Contract (ICC)
International Contract Court (ICC)
International Commerce Court (ICC)
What does incoterms means?
incoterms is the short form for "International Contract Term"
incoterms is the short form for "International Commercial Term"
incoterms is the short form for "International Commerce Term"
incoterms is the short form for "International Chamber Term"
When is the first incoterms was set?
1936
1946
1956
1976
When is the current latest Incoterms?
Incoterms 2013
Incoterms 2010
Incoterms 2020
Incoterms 2011
How many groups of Incoterms are there?
Group E,F,C,D
Group B,C,D,E
Group A,C,D,B
Group F,G,D,C
The E term stands for:
eXw; exortic work
ExW; Ex Work
non of the answer available
EXW - Extension of work
The F Group includes:
FCA, FAS, FOB
FAR,FON,FIN
FAB, FUS,FOC
FUN,FOB,FOS
How many classification of Incoterms 2010 rules available?
Rules for any mode of transport
Rules for sea and inland waterway transport
Rules for air force
Rules for jetski transport
