Chapter1CourseIntroduction

Quiz1

1、单选题:
‍Which is the international convention that regulates the negotiation, conclusion and implementation of international sales contract?‏
选项:
A: UCP600
B: Contract Law of PRC
C: CISG
D: INCOTERMS 2010
答案: 【 CISG

2、多选题:
‌Compared with domestic trade, what are the risks that are  special for international trade?‎
选项:
A: Different language
B: Different culture
C: Different currency
D: Long distance
E: Different legal system
F: Political risk
答案: 【 Different language;
Different culture;
Different currency;
Long distance;
Different legal system;
Political risk

3、判断题:
‌International rules, such as UCP, have the same binding effect as laws.‎
选项:
A: 正确
B: 错误
答案: 【 错误

4、判断题:
​Domestic laws could be ignored when we conducting business internationally.‏
选项:
A: 正确
B: 错误
答案: 【 错误

5、判断题:
‏There is no difference between domestic trade and international trade.‏
选项:
A: 正确
B: 错误
答案: 【 错误

6、判断题:
‏Import is just an inverse process of export, and no special attention should be paid.​
选项:
A: 正确
B: 错误
答案: 【 错误

7、判断题:
​INCOTERMS 2010  regulates the practice of payment by letter of credit.‌
选项:
A: 正确
B: 错误
答案: 【 错误

ChapterFiveInsurance

TestforInternationalCargoInsurance

1、单选题:
‍Which event listed below is NOT a general extraneous risk? (   )​
选项:
A: Rain
B: Fire
C: Leakage
D: Hooking
答案: 【 Fire

2、单选题:
‍Salvage charges should be levied by (   ).‎
选项:
A: The insurance company
B: The shipper
C: The third party who come to the salvage of the ship and the consignments
D: The carrier
答案: 【 The third party who come to the salvage of the ship and the consignments

3、单选题:
​General average is caused by (   ).‏
选项:
A: The intentional act or fault of the insured
B: Deliberate measures for the rescue of the common interest
C: The perils of the sea
D: Deliberate damage to the subject-matter insured
答案: 【 Deliberate measures for the rescue of the common interest

4、单选题:
‍Which one of the following event constitutes constructive loss? (   )‍‍‍
选项:
A: The cost of restoration of the damaged goods exceeds the value of the goods.
B: The cargo ship sunk into the sea.
C: The cargo ship is hijacked by pirates.
D: Sea water coming into the hold causes the hardening of cement and the whole batch of cement losses its original use.
答案: 【 The cost of restoration of the damaged goods exceeds the value of the goods.

5、单选题:
​Particular average is (   ).‍
选项:
A: Total loss
B: A special type of general average
C: Partial loss
D: Total loss or partial loss depending on the risk that causes the loss
答案: 【 Partial loss

6、单选题:
‏Ship striking upon the rocks is (   ).‌
选项:
A: Fortuitous accident
B: General extraneous risk
C: Natural calamities
D: Deliberate act of the master of the ship
答案: 【 Fortuitous accident

7、单选题:
‎FPA does not compensate (   ).‎
选项:
A: Partial loss caused by natural calamities
B: Actual total loss caused by natural calamities
C: Costs of salvaging
D: Partial loss caused by fortuitous accidents
答案: 【 Partial loss caused by natural calamities

8、单选题:
​WPA is suitable insurance policy for (   ).‌
选项:
A: Cheap and bulk cargos
B: Goods that can be easily damaged by sea water
C: Goods may be damaged during transit but less likely lose their uses due to the damages
D: Goods which are very prone to damages during transit
答案: 【 Goods may be damaged during transit but less likely lose their uses due to the damages

9、单选题:
‍Which one of the following risks can be independently insured with an insurance policy of CIC? (   )​‍​
选项:
A: General extraneous risks
B: War risks
C: All Risks
D: Strike risks
答案: 【 All Risks

10、单选题:
‌China Insurance Clauses do NOT contain insurance policy for the following mode of transportation. (   )‌
选项:
A: Railroad transport
B: Air transport
C: Parcel post transport
D: Pipeline transport
答案: 【 Pipeline transport

11、单选题:
‏Institute Cargo Clauses are (   ).‌
选项:
A: widely adopted by global insurance industry
B: only used by insurance companies based in London
C: widely adopted by both British insurance companies and Chinese insurance companies
D: only used by American and European insurance companies
答案: 【 widely adopted by global insurance industry

12、单选题:
‍Which one of the following goods should be insured against All Risks? (   )‏
选项:
A: Raw wood log
B: Scrap metal
C: Wooden chairs and tables
D: Plywood
答案: 【 Wooden chairs and tables

13、单选题:
‏Which one of the following documents is NOT an insurance document? (   )‎
选项:
A: Insurance policy
B: Endorsement
C: Insurance certificate
D: Contract of carriage
答案: 【 Contract of carriage

14、单选题:
‏The time of validity of a claim shall not exceed a period of (   ) counting from the time of completion of discharge of the insured goods from the seagoing vessel at the final port of discharge.‎
选项:
A: Three years
B: Two years
C: Fifteen months
D: One and half years
答案: 【 Two years

15、单选题:
‎The insured amount is usually the CIF price plus (   ) per cent of CIF price.​
选项:
A: 2
B: 10
C: 50
D: 110
答案: 【 10

16、单选题:
​A Chinese import export company sells‎​ ‎​1). 400 sets of used car to a Nigerian importer‎​2). 2,000 sets of new vacuum cleaner to an Indian importer‎​3). 500 tons of iron scrap to a Bangladeshi company‎​4). 1,500 cartons of canned sweet corn to a Japanese importer ‎​ ‎​Which one of the following choices gives the right CIC insurance policies for these four goods respectively?‎
选项:
A: 1). AR, 2). WPA, 3.) FPA, 4). AR
B: 1). WPA, 2). AR, 3.) FPA, 4). WPA
C: 1). FPA, 2). AR, 3.) WPA, 4). AR
D: 1). WPA, 2). AR, 3.) FPA, 4). AR
答案: 【 1). WPA, 2). AR, 3.) FPA, 4). AR

17、判断题:
‏Particular average is borne exclusively by the party upon whom the damage falls.‎
选项:
A: 正确
B: 错误
答案: 【 正确

18、判断题:
‏General average should be contributed among all parties benefited from the deliberate measures equally.‍
选项:
A: 正确
B: 错误
答案: 【 错误

19、判断题:
‍Natural calamities include heavy weather, thunder storm and lightening, flood, earthquake and fire etc.​
选项:
A: 正确
B: 错误
答案: 【 错误

20、判断题:
‍Warehouse to warehouse clause is a part of shipping contract referring to carrier shipping goods from the shipper’s warehouse to the consignee’s warehouse.‌
选项:
A: 正确
B: 错误
答案: 【 错误

21、判断题:
‍According to Ocean Marine Cargo Clauses, the insured shall take reasonable measures in salvaging the goods.‎
选项:
A: 正确
B: 错误
答案: 【 正确

22、判断题:
‍In addition to the coverage of FPA, WPA also covers partial loss caused by natural calamities.​
选项:
A: 正确
B: 错误
答案: 【 正确

23、判断题:
‏In terms of risk coverage, ICC (A) corresponds to FPA of China Insurance Clauses.‌
选项:
A: 正确
B: 错误
答案: 【 错误

24、判断题:
‍Under FOB, CFR, FCA and CPT trade terms, the buyer is to arrange insurance and pay premium.‍
选项:
A: 正确
B: 错误
答案: 【 正确

25、判断题:
‌Insured amount is usually calculated on the basis of the CIF invoice value plus 10% as anticipated profit for the buyer or compensation for trouble and time.​
选项:
A: 正确
B: 错误
答案: 【 正确

26、判断题:
‍An insurance policy is a simplified version of an insurance certificate.‏
选项:
A: 正确
B: 错误
答案: 【

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