Question: You are a freight forwarder and have a client in Perth who wants to import 70,000 litres of wooden floor polish from China Your client

You are a freight forwarder and have a client in Perth who wants to import 70,000 litres of wooden floor polish from China Your client expects the cargo to arrive as soon as possible. They expect the cargo to be completely undamaged and fully unloaded at its final destination.

Question- In this case, what insurance should I use for shipping under the Delivered Duty Paid (DDP)?

And could you share the references as well?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Q:

You are a freight forwarder and have a client in Perth who wants to import 70,000 litres of wooden floor polish from China Your client expects the cargo to arrive as soon as possible. They expect the...

Q:

You are a freight forwarder and have a client in Perth who wants to import 70,000 litres of wooden floor polish from China Your client expects the cargo to arrive as soon as possible. They expect the...

Q:

Question- You are a freight forwarder and have a client in Perth who wants to import 70,000 litres of wooden floor polish from China Your client expects the cargo to arrive as soon as possible. They...

Q:

Question- You are a freight forwarder and have a client in Perth who wants to import 70,000 litres of wooden floor polish from China Your client expects the cargo to arrive as soon as possible. They...

Q:

You are a freight forwarder and have a client in Perth who wants to import carpet underlay from China. Your client expects the cargo to arrive as soon as possible. They expect the cargo to be...

Q:

Exercise 2 . 1 ( Question ) For a term of trade to be appropriate, what two ( 2 ) important issues must be addressed? What is the primary responsibility of the freight forwarder when advising their...

Q:

Exercise 2 . 1 ( Question ) For a term of trade to be appropriate, what two ( 2 ) important issues must be addressed? What is the primary responsibility of the freight forwarder when advising their...

Q:

Exercise 2 . 1 ( Question ) For a term of trade to be appropriate, what two ( 2 ) important issues must be addressed? What is the primary responsibility of the freight forwarder when advising their...

Q:

Exercise 2 . 1 ( Question ) For a term of trade to be appropriate, what two ( 2 ) important issues must be addressed? What is the primary responsibility of the freight forwarder when advising their...

Q:

Exercise 2 . 1 ( Question ) For a term of trade to be appropriate, what two ( 2 ) important issues must be addressed? What is the primary responsibility of the freight forwarder when advising their...

Q:

Write an informative essay on the topic you have previously chosen. You will need to identify a problem, need, or process related to your topic. Childcare in America: 2016 state fact sheets, what...

Q:

Find the mean electrostatic potential produced by an electron in the centre of a hydrogen atom if the electron is in the ground state for which the wave function is (r) = Ae -r/r1, where A is a...

Q:

Given f ( x ) = x - 1 5 / x - 5 find f ( 3 a )

Q:

27. Which of the following conditional statements is/are equivalent to, "If it rains, then I will not go to park". i. IfI will go to park, then it does notrain. ii. If I will not go to park, then it...

Q:

35. Consider the argument: Premise 1: p v-q Premise 2: - q Conclusion: P Which truth values of p and g is the argument, written as a conditional, true? i. pis false; q is true il. pis true; q is...

Q:

47. How much interest was earned by an investment that earns at a rate of 9% compounded semi- annually for 7 years if the initial investment is at P18,000.00? EDI 1911 A. P 15,335.01 B. P15,353.01 C....

Q:

45. Which of the following statements is true about annuity? A. It is a series of payments of equal amount but made not of equal interval of time. B. It is a series of payments of unequal amounts,...

Q:

36. Today Gwen is twice as old as Arni and Arni is 3 years younger than Tess. If Gwen, Arni, and Tess are all alive 4 years from today, which of the following must be true on that day? i. Gwen is...

Q:

Design a minimum-mass symmetric three-bar truss (the area of member 1 and that of member 3 are the same) to support a load P, as was shown in Fig. 2.9. The following notation may be used: Pu = P cos...

Q:

=+c. Determine the terminal cash flow expected at the end of year 5 from the proposed line replacement.

Q:

=+b. Determine the operating cash flows associated with the proposed line replacement.