Time Remaining: 00:52:01 The UCP 600 rules provide some room for interpretation. What should a CIFFA freight Forwarder down in doubt? Select one answer. Discuss the rules with his client Contact the bank as their interpretation is what matters Contact the International Chamber of Commerce Make the importer and exporter agree on an interpretation EFF MI Question 1 of 30" Time Remaining: 00:18:18 The following questions focus on the topic of EXPORT PACKAGING AND WAREHOUSING Which of the following is one of the advantages of palletizing smaller packages into one unit? Select one answer Lower risk of oliferage Increased commercial value Reduced fumigation costs Lower cost than shipping loose cargo En 27 of 38 Time Remaining:00:30159 Vhen stuffing an ocean container, what is the primary packaging Camera Using bright-coloured marking Observing container capacity Packing for the toughest leg of the journey Itemizing consolidated cargo Question 31 of 38 | Time Remaining: 00:49:31 The following questions focus on the topic of CARGO INSURANCE The assumption that a ship is technically efficient and in a fit shape to carry a particular cargo in question would be part of what type of warranty in a marine Insurance policy? Select one answer. Express Indemnity Liability Implied estion 32 of 35 I Time Remaining: 00:47:04 Under which legal doctrine must the insured reveal all material facts and potential rises to the new at the same time the insurer must make sure the insurance contract fits and benefits the res Selector answer. Measure of indemnity Uberrimae fidei Subrogation Without prejudice "westion 25 of 38 / Time Remaining: 00:41:36 When planning the container stow for an international move, what should the freight Forwarder keep in mind with respect to transportation regulations of the destination country? Select one answer Highway weight axte limitations ISPM 16 standard Weight/tire pressure limitations Transport route closures Question 30 of 35 Time Remaining: 00:39:41 Assurning a private warehouse is owned by a smaller-sized company, why would, in comparison, a public warehouse have a better opportunity to realize economies of scale? Select one answer Because of lower volume Because of serving less customers Because of serving more customers Because of initial investment costs Question 29 of 3s 1 Time Remaining: 00:49:46 Which of the attached Internationally recognized pictographs should be placed on a pacage containing computer parts? Select one answer. A B R C D . 6 estion 3.3 of 33 | Time Remaining: 00:46:54 Cargo was damaged during an ocean voyage but the damage was not apparent at the time of delivery. When must a notice of claim be given with respect to this damage? Select one answer At the time of delivery Within 3 days of delivery Within 7 days from the date of receipt Within 1 year of delivery Gestion 20 of 381 Time Remaining: 00:04:57 An exporter has recently acquired a new customer. She would like to ship the first order via ocean but has concerns as to whether she can trust the ultimate consignee with respect to payment. What method of payment is best suitable under these circumstances? Select one answer Advance payment Open account Documentary collection Letter of credit Question 36 or 35 | Time Romeiningi 00:40:50 Goods are to be insured at 110% CIP value. Total Invoice value for the goods is US $26,000.00. The total ocean freight is US $6,000.00. Canadian inland charges and handling total is US 5750.00. Marvne sur rate is 0.25%. What will be the insurance premium paid for this cargo? Select one answer. US $81.88 US $90.29 US $115.06 US $126.53 Question 26 of 38 | Time Remaining: 00:41221 A customer has cargo stolen from a contracted warehouse. The warehouse operator has been found negligent. What is the legal liability of the operator given that the monthly storage charge is CAD SASO.00 Select one answer. CAD $450.00 CAD $4,500.00 CAD $45,000.00 CAD $450,000.00 -estion 34 of 38 ! Time Remaining: 00:46:40 A customer needs to gather documents and other materials to support their claim for damages to cargo sustained during transport. Which of the following would not be one of those supporting material? Select one answer. Photographs of the damage Commercial invoice Order for damages Packing list Question 37 of 3 Time Remaining 00:51:30 A shipper has the following cargo and associated freight costs: 8 x 40-ft containers said to contain computers and computer accessories. Invoice value of the goods: CAD $200,000.00 Ocean freight Montral-Harburg per container: US $750.00 Pre-carriage Toronto to Montreal all in, per container: CAD $200.00 All risk marine premium rate: 0.45% Exchange rate: US $1.00 = CAD $1.10 Based on the information provided, what is the 110% CIP value? Select one answer. CAD $208,200.00 CAD $230,050.59 CAD $230,492.57 CAD $230,604.60 Question 28 of 38 | Time Remaining00:3145 A customer is shipping 1,000 steel pipes (8 feet long x 6 inches in diameter) from Calgary Canada to Baghdad, Iraq, to be loaded into open-top ocean containers. Which of the following is the most suitable packaging for this cargo? Select one answer. Double corrugated fibreboard boxes Wooden crates with dunnage Open wooden pallets, strapped and slung Plastic pallets, sealed Question 3 of 381 Tume Remaining 00:27:08 A shipper has the following cargo and associated freight costs: 8x 40-ft containers sald to contain computers and computer accessories. Invoice value of the goods: CAD $200,000.00 Ocean freight Montral-Hamburg per container: US $750.00 Pre-carriage Toronto to Montreal all in, per container: CAD $200.00 All risk marine premium rate: 0.45% Exchange rate: US $1.00 = CAD $1.10 Based on your previous calculation, what is the insurance premium (the amount paid for insurance) onth cargo? Select one answer. CAD $936.90 CAD $1,035.23 CAD $1,037.22 CAD $2,300.51 Festion 35 or 38 / Time Remaining: 00:27:27 Why is it that under the term of "insurable interest" the seller cannot insure cargo for oceanar export under Ex Works seller's warehouse Incoterms 2020? Select one answer. Because the seller has no legal relationship to the goods Because air and ocean cargo can only be insured under CIF terms Because insurance is typically acquired by the buyer Because the seller must always obtain insurance Question 2 of 38 Time Remaining:00-16:16 The following questions focus on the topic of EXPORT PACKAGING AND WAREHOUSING Which of the following is one of the advantages of palletizing smaller packages into one unit? Select one answer Lower risk of pilferage Increased commercial value Reduced fumigation costs Lower cost than shipping loose cargo in 27 of 38 Time Remaining: 09:30:35 Vhen stuffing an ocean container, what is the primary packaging Co. Using bright-coloured marking Observing container capacity Packing for the toughest leg of the journey Itemizing consolidated cargo Question 2 of 38 Time Remaining:00-16:16 The following questions focus on the topic of EXPORT PACKAGING AND WAREHOUSING Which of the following is one of the advantages of palletizing smaller packages into one unit? Select one answer Lower risk of pilferage Increased commercial value Reduced fumigation costs Lower cost than shipping loose cargo