Question: A company has an export transaction with the payment term D/A at 15 days after sigh. Assuming the documents mailing period is 7 days, and

A company has an export transaction with the payment term D/A at 15 days after sigh. Assuming the documents mailing period is 7 days, and the date of collection is July 1st (without considering the reasonable working hours of the bank). The date of document release is

July 1st

July 8th

July 15th

July 22nd

Because it represents the title to the goods, () must be handled carefully.

bill of lading

letter of credit

advice of shipment

international sanction

Company A ordered 400M/T steel plates from a seller in total, with 100M/T for each of the four specifications: 6 feet, 8 feet, 10 feet, and 12 feet. It was contracted that the seller was allowed to decide a quantity of 5% more or less. The final delivery by the seller was: 6 feet, 70M/T; 8 feet, 80M/T; 10 feet, 60 M/T; 12 feet, 210 M/T. Can the importer reject documentary drafts issued by the exporter based on the actual delivered quantity?

yes

no

can't decide

The international uniform customs practice in written for documentary collection is

UCP600

ISP98I

ncoterms2020

URC522

According to UCP600, if there is no indication in the credit of insurance coverage required, the amount of insurance coverage must be at least ( )% of the CIF or CIP value of the goods.

10

100

110

130

According to CISG Article 19, additional or different terms relating, among other things, to the ( ), quality and of the goods, extent of one party's liability to the other or are considered to alter the terms of the offer materially.

price

payment

the settlement of disputes

quantity

place and time of delivery

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