Chapter 2 Incoterms 2000 & 2010(补充练习)(1)

I. Term Translation

Actual delivery 象征性交货

Customs formalities 清关

Delivery 风险转移

Unloading 船舷

Loading 卸货费

Physical delivery 习惯做法

II. Multiple choice

1. There are mainly _____ sets of international rules related o interpretation of trade terms.

A. two B. three C. four D. five

2. There are altogether ______ terms defined respectively by the Incoterms 2000 & 2010.

A. 11, 13 B. 9, 11 C. 12, 13 D. 13, 11

3. Among all the Incoterms ______ imposes the minimum obligation and cost to the seller.

A. EXW B. CIF C. DES D. DDP

4. Among all the Incoterms _____ imposes the minimum obligation and cost to the buyer.

A. CIF B. FOB C. DDP D. EXW

5. According to the Incoterms 2000 under FCA the risk of goods will be transferred from the seller to the buyer________.

A. when the goods are placed at the disposal of the buyer.

B. when the goods are delivered to the named place in the exporting country.

C. when the goods are given to the nominated carrier.

D. when the goods are loaded on the vehicle of the carrier.

6. FOB and CFR share one thing that ___________.

A. risk is transferred when the goods pass the ship’s rail

B. they can be used in any mode of transport.

C. the seller will be responsible for the unloading at the port of destination.

D. none of the above

7. According to the Incoterms 2000 under CIF if the goods get loose from the hook and fall into the sea during loading stage, ______ should hold liable for the loss.

A. the buyer B. the seller C. the carrier D. both the seller and buyer.

8. The Incoterms 2000 requires the buyer to handle the import customs clearance except

under ________.

A. EXW B. FCA C. DDP D. DDU

9. Under __________ term it is especially important for the seller to provide shipment notice to the buyer.

A. FOB B. CIF C. FAS D. CFR

10. The FAS term requires ______ to clear the goods for export.

A. the buyer B. the seller C. the insurer D. either the buyer or the seller

11. Under CIP, ____ has to procure insurance against the buyer’s risk of loss of or damage

to the goods during the carriage.

A. the carrier B. the buyer C. the seller D. none of the above

III. True or false statements

1. _______The EXW term indicates an actual delivery.

2. _______ If the sales contract contains provisions contrasting to the definition of the

Incoterm used, as far as the provisions are legally recognized by relevant laws

and regulations, they will be valid.

3. ________FOB, interpreted in any sense, always requires the seller to handle the export

customs formalities.

4. ________FCA and CPT have one thing in common that the seller delivers when the

goods are handed over to the first carrier nominated by the buyer.

5. ________Both CIP and CPT should be followed by named port of destination.

6. ________Since under CFR the risk will be transferred when the goods are delivered,

the seller will not hold any responsibility if the buyer finds the goods

not in conformity with the contracted specifications.

7. ________According to the Incoterms 2010 under DAT the buyer is not responsible for

unloading the goods the vessel.

8. ________All the C group terms require the seller to bear the main costs of carriage and

risk during the transport.

9. _______ Under CIF the seller has to purchase insurance, therefore he has to bear the

risk during the ocean transport.

10. _______ All the D group terms are arrival contract terms and they all indicate actual

delivery.

11.________ DAP requires the seller to clear the goods for export and import.

12. ________DAP requires the seller to unload the goods at the named place of destination.

13. ________Incoterms CIF, CPT, DAT and DAP require the Seller to carry out insurance.

14.________The Incoterms® rules describe mainly the tasks, costs and risks involved in the delivery of goods from sellers to buyers.

15. _______Under the Incoterms rule EXW, FCA, DAT, DAP, DDP, FAS and FOB, the

named place is the place where delivery takes place and where risk passes from the seller to the buyer.

16. _______Under the Incoterms rule CPT, CIP, CFR, CIF, the named place is the place of delivery.

17._______ When applying Incoterms, it’s better to specify the place or port as precisely as possible so as to make the rule work best.

18._______ Under DAT, the Seller accomplishes its obligation of delivery when the goods are placed under the buyer’s disposal unloaded from the arriving vehicle

19. _______ Incoterms do not determine the transfer of title to the goods, nor the remedies for breach of contract.

20._______Incoterms apply to service contracts and define contractual rights or obligations.

IV. Judge wheter the following price terms are correct or not. If not, make corrections.

1. U.S. $55 per ton CIFC5 Shanghai

2. Pound 200 per carton CFR New Zealand

3. U.S.$150 per ton FOB New York

4. FF580 per dozen less than 1% commission

5. EUR2,700 per case CIFC2 Dubai

V. Sentence Translation

1. The price quoted includes 5% commission on FOB basis.

2. Under CPT, CIP, “carrier” means any person who, in a contract of carriage, undertakes to perform or to procure the performance of transport, by rail, road, air, sea, inland wateway or by a combination of such modes.

3. Under FCA, the chosen place of delivery has an impact on the obligations of loading and unloading the goods at that place. If delivery occurs at the seller’s premises, the seller is responsible for loading. If delivery occurs at any other place, the seller is not responsible for unloading.

4. Under FOB, the seller must deliver the goods on the date or within the agreed period at the named port of shipment and in the manner customary at the port on board the vessel nominated by the buyer. And the buyer must bear all risks of loss of or damage to the goods from the time they have passed the ship’s rail at the named port of shipment.