Under CFR contract, the goods are damaged during marine transport and the buyer suffers losses estimated at USD 1 000 due to natural calamity, USD 800 due to fortuitous accidents, and USD 2 000 due to extraneous risks.If the buyer has insured the goods for USD 1 000 000 against WPA before shiment, then the insurer should pay ( ) compensation to the buyer.
In the following payment terms, ( ) is the safest term to the seller.
According to CISG, the acceptance can be submitted ( )
If the CIF value in a international contract is USD 9 000 000, and there isn’t any special terms and conditions about insurance, then according to INCOTERMS 2000, the seller could insure the goods for ( ) .
According to UCP 600, under L/C, the payer of the draft is ( ) .
According to CISG, the international business person can ( )before the offer reaches the offeree.
Under documentary collection, the draft must be ( )
According to UCP 600, the confirming bank must negotiate and/or honor ( )
The term of FOB should be followed by ( ) in a international trade contract.
_ we would like to assist you, we do not think there is room for a reduction in our price.
Not until this morning _ your L/C.We can _ make shipment as stipulated in the contract.