Dwight Esby assignment

Question 1

The through Bill of Lading is used when item being ship has already been paid for?

Answer

true

Question 2

A House Bill of Lading is issued by the Shipping Line Carrier to the NVOCC Operator, or Freight Forwarder ?

Answer

true

Question 3

The Hague and Hague Visby rules apply only to the carrier and the party shipping goods under a bill of lading?

Answer

true

Question 4

A Carrier Duties under a bill of Lading is to ensure that the B/L is deliver safely to the consignee

Answer

true

Question 5

International Convention for the Unification of Certain Rules of Law relating to Bills of Lading" and was drafted in brussels in 1968

Answer

true

Question 6

Documentary Sale is legally transferring document from one owner to another in return for money.

Answer

true

Question 7

Trade terms are used when the responsibilities of buyer and seller need to be negotiated

Answer

true

Question 8

Transport of goods by sea involves brokers and shipping agent only?

Answer

true

Question 9

The role of the FONASBA is to promote and protect consignee and shipper world wide

Answer

true

Question 10

FOB and CIF namely is not very useful trade terms

Answer

true

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