Câu 6: Điểm: 1.00đ Điểm trừ: 0.00đ Directions: Four answer choices are given below each sentence.. Câu 10: Điểm: 1.00đ Điểm trừ: 0.00đ Directions: Three answer choices are given below ea
Trang 1ĐỀ SỐ 4:
Câu 2:
Điểm: 1.00đ
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Directions: Choose the answer that suits the question most.
Dawson bought vanilla beans from Indonesia Dawson instructed an American bank to open a letter of credit One of the required shipping documents was a certificate of quality issued "by experts” The bank paid the exporter The beans, when they arrived, were rubbish The certificate of quality was signed, however, by only one "expert” Could the bank collect from Dawson the money it had paid to the exporter?
A
Definitely, it could
B
Probably, it could SAI
C
No, it couldn’t.???
D
No question, it could
Câu 3:
Điểm: 1.00đ
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Directions: Four answer choices are given below each question Choose the best answer then mark the letter (A), (B),(C) or (D) on the screen
When an offer is made, it is not applicable when it has ?
A
Suspension
B
Renovation
C
Revocation
D
Adaptation
Câu 5:
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The mechanism of a confirmed letter of credit works as follows:
Trang 3Buyer instructs issuing bank to issue a letter of credit in favor of the seller
B
Buyer instructs an issuing bank to instruct an advising bank to pay under a letter of credit in favor of the seller
C
Buyer instructs an issuing bank to instruct a confirming bank to pay under a letter of credit in favor of the seller
D
Buyer instructs an issuing bank to instruct any third bank to pay under a letter of credit in favor of the seller
Câu 6:
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Directions: Four answer choices are given below each sentence Choose the best answer then mark the letter (A), (B), (C) or (D) on the screen
If the buyer can make certain assumptions about goods – even if the exporter gives no express
warranty, these assumptions are called
A
Trang 4explicit warranties
B
exotic warranties
C
unspoken warranties
D
implied warranties
âu 8:
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Directions: Choose the answer that suits the question most
Once the bank has indicated the discrepancies, what can the exporter do?
A
The exporter can provide the missing paperwork or correct errors
B
The exporter can ask the buyer to instruct the bank to change the terms of the letter of credit
Trang 5The exporter can ask the bank to process the letter of credit with the discrepancies but to pay only when (and if) the issuing bank permits payment
D
Any of the above
Câu 10:
Điểm: 1.00đ
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Directions: Three answer choices are given below each sentence Choose the best answer then mark the letter (A), (B) or (C) on the screen
A contract requiring the exporter to send the contract goods by road from Kenya to Zambia with freight paid by the exporter
A
CFR Lusaka
B
CPT Lusaka
C
CFR Nairobi
Câu 14:
Điểm: 1.00đ
Trang 6Điểm trừ: 0.00đ
Directions: Choose the answer that suits the question most
Which of the following method of payment is NOT possible?
A
100% of the contract price by letter of credit
B
20% prepayment and 80% by letter of credit
C
90% by letter of credit and 10% retaining until the warranty period is over
D
Part of the contract price is paid by letter of credit but there is not a clear figure stated in the amount of the credit
âu 15:
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Directions: Four answer choices are given below each sentence Choose the best answer then mark the letter (A), (B), (C) or (D) on the screen
For the exporter, the option to repair a defective item abroad
Trang 7is negligent
B
can be costly
C
is always the best choice
D
is always the worst choice
Câu 20:
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Directions: Choose the answer that suits the question most
The point at which money is deemed to be paid most preferred by buyer is ………
A
When the buyer pays the money into his bank
B
Trang 8When the buyer’s bank transfers funds.
C
When the buyer instructs the bank to pay
D
When the funds reach the seller’s bank account
Câu 22:
Điểm: 1.00đ
Điểm trừ: 0.00đ
Directions: A word or phrase is missing in each of the sentences below.Four answer choices are given below each sentence Choose the best answer to complete the sentence Then mark the letter (A), (B), (C) or (D) on the screen
In a contract under a Continental law, a recital ……
A
is essential
B
is not useful
C
is not essential
Trang 9is importan
Câu 23:
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Directions: Four answer choices are given below each sentence Choose the best answer then mark the letter (A), (B), (C) or (D) on the screen
"A voltmeter that is specified as accurate within 1 millivolt is accurate within only 5 millivolt” is an example of:
A
Defective design
B
Defective materials
C
Defective workmanship
D
Misuse by the seller
Câu 27:
Trang 10Điểm: 1.00đ
Điểm trừ: 0.00đ
Directions: A word or phrase is missing in each of the sentences below.Four answer choices are given below each sentence Choose the best answer to complete the sentence Then mark the letter (A), (B), (C) or (D) on the screen
Among a number of international bodies offering arbitration services, the in Paris is the most prestigious
A
UCP
B
ADR
C
ICC
D
FAO
Câu 31:
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Directions: Choose the answer that suits the question most
Trang 11Small purchases in private life are often in the form of …
A
Cash on delivery
B
Cash against invoice
C
Cash with order
D
Any of the above
Câu 37:
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Directions: Choose the answer that suits the question most
In settlement by deferred payment, the letter of credit is paid after delivery Right or wrong?
A
Trang 12Completely right.
B
Definitely wrong
C
It depends
D
The letter of credit is not payable until a number of days
Câu 41:
Điểm: 1.00đ
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Directions: Choose the answer that suits the question most
A price and payment clause taken from an export contract is as follows:
"The price payable for the Contract Goods as specified in Annex A is $500,000” What is missing?
A
The clause does not specify how payment will be made
B
The clause does not specify when payment is due
Trang 13The clause lacks all the necessary five steps in negotiating payment like payment mode, time, place,
delay and results of delay
D
The clause does not say where the money must be before the buyer is deemed to have paid, define delay in payment and mention the consequences of delay
Câu 42:
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Directions: Choose the answer that suits the question most
The majority of shipping documents presented to banks under documentary credit transactions are accepted on first presentation Right or wrong?
A
Completely right
B
Definitely wrong
C
Neither right nor wrong
Trang 14It depends
Câu 43:
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Directions: A word or phrase is missing in each of the sentences below.Four answer choices are given below each sentence Choose the best answer to complete the sentence Then mark the letter (A), (B), (C) or (D) on the screen
It is common to put the definition clause ………… of the contract
A
at the beginning
B
near the beginning
C
at the end
D
near the end
Câu 45:
Điểm: 1.00đ
Trang 15Điểm trừ: 0.00đ
Directions: Four answer choices are given below each sentence Choose the best answer to complete the sentence Then mark the letter (A), (B), (C)
A unilateral offer can be defined as:
A
An offer made of a promise in return for a promise
B
An offer made of a promise in return for an act
C
An offer made of an act in return for an act
D
An offer made of act in return for a promise
Câu 46:
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Directions: Four answer choices are given below each sentence Choose the best answer then mark the letter (A), (B), (C) or (D) on the screen
A liquidated damages clause protects
Trang 16the exporter rather than the importer
B
the importer rather than the exporter
C
both sides
D
neither the exporter nor the importer
Câu 47:
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Directions: A word or phrase is missing in each of the sentences below.Four answer choices are given below each sentence Choose the best answer to complete the sentence Then mark the letter (A), (B), (C) or (D) on the screen
happens when one party ends the contract because of breach by the other
A
Cancellation
Trang 17Suspension
C
Impossibility
D
Termination
Câu 48:
Điểm: 1.00đ
Điểm trừ: 0.00đ
Directions: A word or phrase is missing in each of the sentences below Four answer choices are given below each sentence Choose the best answer to complete the sentence Then mark the letter (A), (B), (C) or (D) on the screen
Who issues ocean bill of lading?
A
Captain
B
Exporter
C
Trang 18Shipping company
D
Agent
Câu 49:
Điểm: 1.00đ
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Directions: Three answer choices are given below each sentence Choose the best answer then mark the letter (A), (B) or (C) on the screen
A contract requiring an exporter in Mozambique to deliver the contract goods in Beira, Mozambique, for the shipment by sea to Dar es Salaam, Tanzania
A
FAS Beira
B
CIF Beira
Câu 50:
Điểm: 1.00đ
Điểm trừ: 0.00đ
Directions: A word or phrase is missing in each of the sentences below Three answer choices are given below each sentence Choose the best answer to complete the sentence Then mark the letter (A), (B)
or (C) on the screen
Trang 19The cheapest mode of transport is
A
by sea
B
by air
C
by road