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Chapter 1: Direct Transaction

Total questions: 20

Worksheet time: 10mins

Name
Class
Date
1.

Sellers and buyers in different countries directly negotiate and conclude ______.

a)

goods

b)

laws

c)

contracts

d)

zones

2.

Direct transactions are the most ______-used form in international trade.

a)

legal

b)

widely

c)

special

d)

foreign

3.

One condition for direct transactions is being ______ allowed to transact.

a)

regularly

b)

lawfully

c)

independently

d)

legally

4.

In direct transactions, parties conduct business without the help of ______ parties.

a)

economic

b)

foreign

c)

third

d)

commercial

5.

Direct transactions may involve a complete or ______ commercial activity.

a)

part of

b)

exclusive

c)

independent

d)

registered

6.

Export of goods means bringing goods out of the territory of the ______ Republic of Vietnam.

a)

Socialist

b)

Commercial

c)

Economic

d)

Foreign

7.

Special zones in Vietnam are regarded as exclusive ______ zones.

a)

business

b)

foreign

c)

customs

d)

commercial

8.

Import of goods means bringing goods into Vietnam from foreign countries or special ______.

a)

contracts

b)

territories

c)

laws

d)

zones

9.

Traders include lawfully established economic ______ and individuals.

a)

customs

b)

organizations

c)

territories

d)

contracts

10.

Traders must conduct commercial activities in an independent and ______ manner.

a)

foreign

b)

complete

c)

regular

d)

exclusive

11.

To qualify as traders, they must have business ______.

a)

negotiations

b)

registrations

c)

contracts

d)

zones

12.

Foreign traders are those recognized by ______ laws.

a)

economic

b)

commercial

c)

foreign

d)

socialist

13.

Foreign traders are also established and registered under ______ laws.

a)

foreign

b)

domestic

c)

customs

d)

economic

14.

Direct transactions are conducted without the ______ of intermediaries.

a)

conclusion

b)

assistance

c)

legality

d)

exclusivity

15.

The CISG 1980 and Commercial Law 2005 both govern international ______.

a)

zones

b)

customs

c)

organizations

d)

transactions

16.

The Commercial Law 2005, Article 16, addresses the concept of ______ traders.

a)

complete

b)

foreign

c)

exclusive

d)

legal

17.

A key feature of direct transactions is the absence of ______ involvement.

a)

third-party

b)

legal

c)

independent

d)

customs

18.

Direct transactions involve parties concluding contracts without any ______.

a)

trade

b)

registration

c)

intermediaries

d)

goods

19.

There are ______ main conditions for direct transactions.

a)

four

b)

two

c)

three

d)

one

20.

The two conditions are legal capacity and the ability to transact ______ assistance.

a)

with

b)

within

c)

without

d)

under