Commerce Questions and Answers
Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.
Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.
the two main categories under which marine losses fall into are?
particular loss and average loss
actual loss and average loss
total loss and partial loss
voyage policy loss and time policy loss
Correct answer is C
No explanation has been provided for this answer.
stock releases form
goods received note
stock issues voucher
materials release note
Correct answer is C
No explanation has been provided for this answer.
When a price is quoted at F.O.B. it means that the price?
excludes loading charges incurred in bringing the goods to port of destinction
exclude all necessary shipping charges payable for insurrance
includes all charges payable on shipping a consignment to the port destination
includes charges payable for for loading goods onto the ship
Correct answer is C
No explanation has been provided for this answer.
Enter pot trade is said to have taken place when goods are?
held at the port payment of custom duty
sold in the ship under special regulation
imported and then re-export
kept for further processing before sales
Correct answer is C
No explanation has been provided for this answer.
What document is required when a country imposes ad valorem import duties on goods?
A mail transfer
A shipping note
A billb of lading
A consular invoice
Correct answer is B
No explanation has been provided for this answer.