Chapter 1 Course Introduction

Quiz 1

1、单选题:
‎Which is the international convention that regulates the negotiation, conclusion and implementation of international sales contract?‎
选项:
A: UCP600
B: Contract Law of PRC
C: CISG
D: INCOTERMS 2010
答案: 【 CISG

2、多选题:
‏Compared with domestic trade, what are the risks that are  special for international trade?‎
选项:
A: Different language
B: Different culture
C: Different currency
D: Long distance
E: Different legal system
F: Political risk
答案: 【 Different language;
Different culture;
Different currency;
Long distance;
Different legal system;
Political risk

3、判断题:
‎International rules, such as UCP, have the same binding effect as laws.‌
选项:
A: 正确
B: 错误
答案: 【 错误

4、判断题:
‌Domestic laws could be ignored when we conducting business internationally.‌
选项:
A: 正确
B: 错误
答案: 【 错误

5、判断题:
‍There is no difference between domestic trade and international trade.‎
选项:
A: 正确
B: 错误
答案: 【 错误

6、判断题:
‍Import is just an inverse process of export, and no special attention should be paid.​
选项:
A: 正确
B: 错误
答案: 【 错误

7、判断题:
​INCOTERMS 2010  regulates the practice of payment by letter of credit.‌
选项:
A: 正确
B: 错误
答案: 【 错误

Chapter Four Price

Rules for Trade Terms

1、单选题:
‌Warsaw-Oxford Rules 1932 was developed by International Law Association to set rules for ______.​
选项:
A: FOB
B: CFR
C: CIF
D: C&F
答案: 【 CIF

Test for Price

1、单选题:
‏FOB and CFR share one thing that (   ).‍‏‍
选项:
A: Risk is transferred when the goods are loaded on board the vessel at the port of shipment.
B: They can be used in any mode of transport.
C: The seller will be responsible for the unloading at the port of destination.
D: They are not used for export.
E: They can be used only for sea or inland waterway transport.
F: The seller is not responsible for obtaining cargo insurance.
答案: 【 Risk is transferred when the goods are loaded on board the vessel at the port of shipment.;
They can be used only for sea or inland waterway transport.;
The seller is not responsible for obtaining cargo insurance.

2、单选题:
‌Among all the trade terms in INCOTERMS 2010,  (  ) imposes the minimum obligation and cost to the seller.‌‌‌
选项:
A: EXW
B: CIF
C: DAP
D: DDP
E: FAS
F: FOB
G: CFR
H: FCA
I: CPT
J: CIP
K: DAT
答案: 【 EXW

3、单选题:
​Among all the trade terms in INCOTERMS 2010,  (  ) imposes the minimum obligation and cost to the buyer.‎
选项:
A: EXW
B: CIP
C: DAT
D: DDP
E: DAP
F: FAS
G: FOB
H: CFR
I: CIF
J: FCA
K: CPT
答案: 【 DDP

4、单选题:
‍On the basis of CIF subject to INCOTERMS 2010, if the goods get loose from the hook and fall into the sea during the loading stage, (   ) should be liable for the loss.‎‍‎
选项:
A: the buyer
B: the seller
C: the carrier
D: both the seller and the buyer
E: both the seller and the carrier
F: both the buyer and the carrier
答案: 【 the seller

5、单选题:
​INCOTERMS 2010 requires the seller to handle the export customs clearance except under (   ).‍​‍
选项:
A: EXW
B: FCA
C: DAT
D: DDP
E: DAP
答案: 【 EXW

6、单选题:
‌According to INCOTERMS 2010, the following terms are

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