Question: Question 1: Write Short note on the following essential interational trade documents i. Inspection Certificate ii. Parking list iii. Jettison iv. Bill of Exchange v.
Question 1: Write Short note on the following essential interational trade documents i. Inspection Certificate ii. Parking list iii. Jettison iv. Bill of Exchange v. Certificate of Origin vi. Insurance policy vii. Liner Bill of Lading viii. Combined bill of lading ix. Truck Receipt x. Commercial invoice [1 Mark] [1 Mark] [1 Mark] [1 Mark) [1 Mark) [1 mark] [1 Mark) [1 Mark] [1 Mark] [1 Mark) [Total: 10 marks Question 2: a. Enumerate FOUR functions of a bill of lading, b. Explain SWIFT c. Distinguish between the following international trade finance terminologies i. Documentary credit and documentary collection ii. Nostro and Vostro Accounts iii. Guarantees and Indemnity [4 marks) [4 marks) [4marks) [4 marks) [4 marks)
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