2.True or False

1. The loading and unloading charges are included in the freight of the liners. ( )

2. Multimodal transport means that the goods are carried by at least two modes of transport under at least multimodal transport operators. ( )

3. The consignee can take delivery of the goods by using originals of B/L or copies of B/L signed by the carrier. ( )

4. For terms marked with W/M, the freight is to be calculated on the basis of wither weight ton or measurement ton, subject to the higher rate. ( )

5. Consignment note, the most important document for rail transport, is negotiable document that can represent the title to goods ( ).

6. If there is no direct sail to the destination, that transshipment shall be allowed shall be stipulated in the contract.( )

7. W/M plus Ad Val means that the highest of them will be collected when freight is calculated. ( )

8. Under FOB term, the seller should notify the buyer of the cargo readiness before the time of shipment so that the buyer can have enough time to charter ships and send them to the shipment port in time. ( )

9. When the charterer fails to load or unload the goods within the stipulated period of time, he has to pay demurrage to the ship-owner.( )

10. Time of shipment in a contract can only be a fixed period of time. ( )

11. The notice of shipment under CFR is very important, because the buyer will make out insurance upon receipt of the notice. ( )

12. Partial shipment means that the goods under one contract are shipped in different terms or by different lots. ( )

13. The person who lodges a claim should have the insurable interest in marine cargo insurance. ( )

14. In a normal policy, the compensation payable should be sufficient to restore the insured to the position he was in before the loss occurred, or to be a better position, because an agreed 10% had often been added to the insured amount.( )

15. No matter what losses the insured suffers, he can lodge a claim for indemnity from the insurer.( )

16. Container offers better protection for the goods, so container shipment have a higher premium than break-bulk shipments.( )

17. According to the usual practices, the insured amount, if not specified in the sales contract, will be 110% of CIF or CIP price.( )

18. WPA is a wider cover than FPA in ocean marine cargo clause. ( )

19. It should be the exporters obligation to cover insurance on minimum cover under CIF or CIP. ( )

20. The date of issuance of B/L should be earlier than the date of issuance of insurance policy. ( )