WorksheetsWho's is the winner????
Total questions: 12
Worksheet time: 4mins
1. EXW (Ex WORKS) – responsibilities of sellers
Termination of liability until delivery of the goods at the disposal of the buyer at the seller's premises or at a specified location.
Support the buyer with export procedures when required at the buyer’s expense. Do not incur the cost of loading the goods on the transport vehicle specified by the buyer if not specified in advance
Delivery following by the contract and documents related to the goods.
All the correct
2. According to CPT, the seller assigns means of transport in the order of land, sea and air for delivery to the buyer. After delivery the goods to the road transport vehicle, the next day when the cargo was placed on the ship and because of a heavy storm, the ship sank along with the cargo shipment. Who will have responsibility for this risk?
The buyer
The seller
Both buyer and seller
Depending on the case
3 The seller suggests that after carrying out export procedures, delivering goods to the ship and transporting goods by sea, they will discharge their obligations. Which condition is suitable for this situation? (The seller is Vietnam, exporting fruit to China)
(a)
4 Which transport can apply for FCA condition?
All kinds of transportation
Inland waterways and sea routes
Multimodal transport
Road
5 For DAT condition, who will do the export clearance?
A. The seller
B. The buyer
C. Both buyer and seller
D. Depending on the case
6 In DDP (Incoterms 2010), the seller transports the goods on the road and meet the accident, lead to the goods were damaged. The seller has to bear the risk in the case. True or False?
(a)
7 For the condition of FAS (…) Incoterm 2010, the seller have to…
A. The seller must deliver the goods by putting it on the vessel
B. Hiring an auxiliary means of transport carry goods to the port
C. Doing export clearance procedures
D. All the correct
8 For CFR (…) Incoterms 2010, while the seller is loading the goods onto the main transport, the crane broke which makes all the goods damaged. The seller has responsible in this case. True or False??
(a)
9 Following CIF (…) Incoterms 2010, who has to pay the cost of hiring the ship?
(a)
10 Under DAP (...) Incoterms 2010, the seller delivers the goods placed at the disposal of the buyer on the means of transport, ...at...?
A. Ready for unloading - Specified destination
B. Unloaded on the means of transport - Delivery location
C. Ready for loading - A gathering point
D. Unloaded on the means of transport - Buyer's port
11 Price of CPT is 200USD, FCA is 150USD and DDP is 300USD, insurance price is 10USD and freight 30USD. What is the price of CIP?
A. 340
B. 190
C. 240
D. 210
12 Following DPU Incoterm 2020, the obligation of unload the goods from the means of transport at the destination belongs to:
A. The seller
B. The buyer
C. The carrier
D. Not regulated
