26.A foul transport document is one which bears clause or notation which expressively declares a defective condition of the( ).
A.vessel
B.B/L itself
C.shipment
D.voyage
27.An exporter sells goods to a customer abroad on FOB and on CFR terms by L/C. Who is responsible for the freight charges in each?( )
A.Beneficiary; applicant
B.Seller; buyer
C.Buyer; seller
D.Exporter; exporter
28.To whom is an endorser liable if the bill of exchange is dishonored?( )
A.a subsequent endorser or holder
B.the drawer
C.the payee
D.a previous endorser
29.Before allowing goods to be exported, many countries in the world insist on( )which
allows the goods to be exported and a compulsory legal document for export.
A.a shipper’s certificate
B.a mate’s receipt
C.a black list certificate
D.an export license
30.( ), drawn up by the ICC, provide an internationally accepted set of standardized terms which set
out where the exporter’s responsibility ends as regards insurance and transport of goods.
A.UCP
B.VAT
C.INCOTERMS
D.URC
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