Documentary drafts require various shipping documents such as ____. A. bills of lading B. insurance certificates C. commercial invoices D. A and B E. A, B, and C

Documentary drafts require various shipping documents such as ____.
A. bills of lading
B. insurance certificates
C. commercial invoices
D. A and B
E. A, B, and C
by

1 Answer

Answer :

E. A, B, and C
by

Related questions

If a carrier is instructed to deliver goods to an importer, a _____ bill of lading is used. A.straight B. order C. documentary D. on-board E. clean

Description : If a carrier is instructed to deliver goods to an importer, a _____ bill of lading is used. A.straight B. order C. documentary D. on-board E. clean

Last Answer : A.straight

Which of the following may be required as additional documents in a letter of credit? A. commercial invoice B. insurance document C. consular invoice D. certificate of origin E. all of the above

Description : Which of the following may be required as additional documents in a letter of credit? A. commercial invoice B. insurance document C. consular invoice D. certificate of origin E. all of the above

Last Answer : E. all of the above

A(n) _____ bill of lading does not guarantee that the goods have been loaded on the vessel. A. on-board B. foul C. received-for-shipment D. straight E. order

Description : A(n) _____ bill of lading does not guarantee that the goods have been loaded on the vessel. A. on-board B. foul C. received-for-shipment D. straight E. order

Last Answer : C. received-for-shipment

Which of the following is not an important document in foreign trade? A. a check for the value of goods B. a draft C. bill of lading D. a letter of credit E. none of the above

Description : Which of the following is not an important document in foreign trade? A. a check for the value of goods B. a draft C. bill of lading D. a letter of credit E. none of the above

Last Answer : A. a check for the value of goods

Which of the following is not a condition for drafts to be negotiable? A. must be in writing, signed by the drawer B. must contain a promise to pay a certain sum if goods are received C. must contain an order to pay D. must be payable on sight or at a specified date E. must be made out to order or bearer

Description : Which of the following is not a condition for drafts to be negotiable? A. must be in writing, signed by the drawer B. must contain a promise to pay a certain sum if goods are received C. must contain an ... D. must be payable on sight or at a specified date E. must be made out to order or bearer

Last Answer : B. must contain a promise to pay a certain sum if goods are received

Which of the following documents should necessarily accompany a draft? A. certificate of origin B. weight list C. packing list D. inspection certificate E. none of the above

Description : Which of the following documents should necessarily accompany a draft? A. certificate of origin B. weight list C. packing list D. inspection certificate E. none of the above

Last Answer : E. none of the above

When IBM ships products to its subsidiary in Argentina, it will most likely use a ____ draft. A. sight B. clean C. D/P D. demand E. all of the above

Description : When IBM ships products to its subsidiary in Argentina, it will most likely use a ____ draft. A. sight B. clean C. D/P D. demand E. all of the above

Last Answer : B. clean

A document that contains a precise description of the goods is known as a _____. A. weight list B. packing list C. commercial invoice D. certificate of origin E. consular invoice

Description : A document that contains a precise description of the goods is known as a _____. A. weight list B. packing list C. commercial invoice D. certificate of origin E. consular invoice

Last Answer : C. commercial invoice

A commercial invoice is issued by _____. A. exporter B. exporter's bank C. importer D. importer's bank E. confirming bank

Description : A commercial invoice is issued by _____. A. exporter B. exporter's bank C. importer D. importer's bank E. confirming bank

Last Answer : A. exporter

When exporting some common pitfalls include: A. failure to use an export management company B. failure to print service, sales, and warranty messages in local languages C. chasing orders around the world instead of establishing a basis for profitable operations and orderly growth D. failure to consider licensing or joint venture agreements E. all of the above

Description : When exporting some common pitfalls include: A. failure to use an export management company B. failure to print service, sales, and warranty messages in local languages C. chasing orders around the ... orderly growth D. failure to consider licensing or joint venture agreements E. all of the above

Last Answer : E. all of the above

The “three C’s” of international commerce are: A. customers B. commitment C. currency D. cultural sensitivity E. A, B, and D

Description : The “three C’s” of international commerce are: A. customers B. commitment C. currency D. cultural sensitivity E. A, B, and D

Last Answer : C. currency

Which of the following is not necessarily a party to a forfaiting transaction? A. exporter B. importer C. broker D. bank E. forfaiter

Description : Which of the following is not necessarily a party to a forfaiting transaction? A. exporter B. importer C. broker D. bank E. forfaiter

Last Answer : C. broker

Buying a company's accounts receivable on a nonrecourse basis is known as _____. A. switch trading B. financing C. factoring D. funding E. free trade

Description : Buying a company's accounts receivable on a nonrecourse basis is known as _____. A. switch trading B. financing C. factoring D. funding E. free trade

Last Answer : C. factoring

In a _____ countertrade the initial seller receives compensation in products that arise out of the original sale. A. consignment B. barter C. counterpurchase D. buy-back agreement E. switch trading

Description : In a _____ countertrade the initial seller receives compensation in products that arise out of the original sale. A. consignment B. barter C. counterpurchase D. buy-back agreement E. switch trading

Last Answer : D. buy-back agreement

Which of the following is not a form of countertrade? A. barter B. consignment C. switch trading D. counterpurchase E. compensation agreement

Description : Which of the following is not a form of countertrade? A. barter B. consignment C. switch trading D. counterpurchase E. compensation agreement

Last Answer : B. consignment

Which of the following is not a form of offset agreements? A. coproduction B. licensed production C. subcontractor production D. cash in advance E. technology transfer

Description : Which of the following is not a form of offset agreements? A. coproduction B. licensed production C. subcontractor production D. cash in advance E. technology transfer

Last Answer : D. cash in advance

Which of the following is not true of a consular invoice? A. provides customs officials with all information B. facilitates easy customs clearance C. helps customs officials assess duties D. issued by the consulate of the exporting country E. it is not a title to the goods

Description : Which of the following is not true of a consular invoice? A. provides customs officials with all information B. facilitates easy customs clearance C. helps customs officials assess duties D. issued by the consulate of the exporting country E. it is not a title to the goods

Last Answer : D. issued by the consulate of the exporting country

If an exporter is doubtful about an issuing bank's ability to pay, he will expect a domestic bank to join the transaction in a _____ letter of credit. A. revolving B. irrevocable C. revocable D. unconfirmed E. confirmed

Description : If an exporter is doubtful about an issuing bank's ability to pay, he will expect a domestic bank to join the transaction in a _____ letter of credit. A. revolving B. irrevocable C. revocable D. unconfirmed E. confirmed

Last Answer : E. confirmed

If a letter of credit can be neither cancelled nor modified without the consent of all parties, it is known as _____. A. revolving B. irrevocable C. revocable D. unconfirmed E. unclean

Description : If a letter of credit can be neither cancelled nor modified without the consent of all parties, it is known as _____. A. revolving B. irrevocable C. revocable D. unconfirmed E. unclean

Last Answer : B. irrevocable

Which of the following is not true of a letter of credit? A. it is a document B. issued by a bank C. at the request of the exporter D. the bank agrees to honor a draft drawn on the importer E. payable in the designated currency

Description : Which of the following is not true of a letter of credit? A. it is a document B. issued by a bank C. at the request of the exporter D. the bank agrees to honor a draft drawn on the importer E. payable in the designated currency

Last Answer : C. at the request of the exporter

Forms of countertrade include the following except ___. A. simple barter B. clearing arrangement C. switch trade D.counterpurchase E. mutual agreement

Description : Forms of countertrade include the following except ___. A. simple barter B. clearing arrangement C. switch trade D.counterpurchase E. mutual agreement

Last Answer : E. mutual agreement

If a draft is accepted by a bank, it becomes a _____. A. valid draft B. demand draft C. usance draft D. banker's acceptance E. drawee's acceptance

Description : If a draft is accepted by a bank, it becomes a _____. A. valid draft B. demand draft C. usance draft D. banker's acceptance E. drawee's acceptance

Last Answer : D. banker's acceptance

If a draft is made to bearer, payment should be made to _____. A. a bank B. drawer C. acceptor D. anyone who presents the draft E. all of the above

Description : If a draft is made to bearer, payment should be made to _____. A. a bank B. drawer C. acceptor D. anyone who presents the draft E. all of the above

Last Answer : D. anyone who presents the draft

Foreign exchange risk can be reduced by using _____. A. forward contracts B. futures contracts C. currency options D. currency denomination E. all of the above

Description : Foreign exchange risk can be reduced by using _____. A. forward contracts B. futures contracts C. currency options D. currency denomination E. all of the above

Last Answer : E. all of the above

______ risk is the potential exchange loss from outstanding obligations as a result of exchange-rate fluctuations. A. Trade B. Exchange C. Finance D. Noncompletion E. Transaction

Description : ______ risk is the potential exchange loss from outstanding obligations as a result of exchange-rate fluctuations. A. Trade B. Exchange C. Finance D. Noncompletion E. Transaction

Last Answer : E. Transaction

Which of the following is not a basic objective of documentation in foreign trade? A. to assure that the exporter will receive the payment B. to assure that the importer will receive the goods C. to eliminate risk of noncompletion D. to reduce foreign exchange risk E. none of the above

Description : Which of the following is not a basic objective of documentation in foreign trade? A. to assure that the exporter will receive the payment B. to assure that the importer will receive the goods C. to eliminate risk of noncompletion D. to reduce foreign exchange risk E. none of the above

Last Answer : E. none of the above

Mark the correct option a) All statements which the court permits or requires to be made before it by witnesses, in relation to matters of fact under inquiry such statements are called oral evidence b) All documents including electronic records produced for the inspection of the court called as documentary evidence c) Both the A and B are correct d) Neither A nor B are correct.

Description : Mark the correct option a) All statements which the court permits or requires to be made before it by  witnesses, in relation to matters of fact under inquiry such statements are called  oral evidence b) ... documentary evidence c) Both the A and B are correct d) Neither A nor B are correct.

Last Answer : c) Both the A and B are correct

Which of the following services is NOT provided by the post offices in India ? A. Savings Bank Scheme B. Retailing of Mutual Funds C. Sale of stamp Papers (Judicial) D. Issuance of Demand Drafts E. Life Insurance cover

Description : Which of the following services is NOT provided by the post offices in India ? A. Savings Bank Scheme B. Retailing of Mutual Funds C. Sale of stamp Papers (Judicial) D. Issuance of Demand Drafts E. Life Insurance cover

Last Answer : D. Issuance of Demand Drafts Explanation: Issuance of Demand Drafts is NOT provided by the post offices in India.

Evidence under the Indian Evidence Act means & includes (a) Ocular evidence (b) Documentary evidence (c) Ocular and documentary evidence both (d) Ocular evidence based on documents only.

Description : Evidence under the Indian Evidence Act means & includes (a) Ocular evidence (b) Documentary evidence (c) Ocular and documentary evidence both (d) Ocular evidence based on documents only.

Last Answer : (c) Ocular and documentary evidence both

Which of the following particulars should also be furnished on the reverse of the daily account. a) Details of remittances received and sent from or to HO or other SO b) Particulars of UCR , UCP, bills paid , reason for holding cash/stamp below minimum or excess maximum c) Requisition for postage entered in remarks column d) All documents sent to along with the daily account e) All the above

Description : Which of the following particulars should also be furnished on the reverse of the daily account. a) Details of remittances received and sent from or to HO or other SO b) Particulars of UCR , UCP, ... entered in remarks column d) All documents sent to along with the daily account e) All the above

Last Answer : e) All the above

Surplus stock of certificates should never be held in HOs and SOs and should be returned to the supplying office. An invoice in form NC-13 shall be prepared in _____ by the S.O. and in ____ by the H.O a) Duplicate, triplicate b) Triplicate, duplicate c) Quadruplicate, triplicate) d) Triplicate, quadruplicate

Description : Surplus stock of certificates should never be held in HOs and SOs and should be returned to the supplying office. An invoice in form NC-13 shall be prepared in _____ by the S.O. ... H.O a) Duplicate, triplicate b) Triplicate, duplicate c) Quadruplicate, triplicate) d) Triplicate, quadruplicate

Last Answer : d) Triplicate, quadruplicate

The fortnightly consolidated list of certificates issued to POs should, be sent by _____to the ____ a) Circle Stamp Depots, Circle postal accounts office b) Head offices , Postal account office c) Circle office , DG Post d) Circle office, Circle account office

Description : The fortnightly consolidated list of certificates issued to POs should, be sent by _____to the ____ a) Circle Stamp Depots, Circle postal accounts office b) Head offices , Postal account office c) Circle office , DG Post d) Circle office, Circle account office

Last Answer : a) Circle Stamp Depots, Circle postal accounts office

Validate your tools and verify your evidence with ____ to ensure its integrity a. hashing algorithms c. steganography b. watermarks d. digital certificates

Description : Validate your tools and verify your evidence with ____ to ensure its integrity a. hashing algorithms c. steganography b. watermarks d. digital certificates

Last Answer : a. hashing algorithms

One Reserve Bank of India introduced certificates of deposit in ____. A. 1964. B. 1989. C. 1986. D. 1990

Description : One Reserve Bank of India introduced certificates of deposit in ____. A. 1964. B. 1989. C. 1986. D. 1990

Last Answer : B. 1989.

Bill of Lading?

Description : Bill of Lading?

Last Answer : Bill of Lading(Download)Ship: _____________________Shipper: _____________________Consignee: _____________________Port of loading: _______________________Arrival notice should be sent to: ________________________Port of discharge: ... of lading with liberty to proceed via any port or por

How much does it cost to get a bill of lading?

Description : How much does it cost to get a bill of lading?

Last Answer : A bill of lading is a document used when transporting goods overseas. It is used as a receipt. This document is free to obtain from ShipNorthAmerica.com.

Where can I get a bill of lading?

Description : Where can I get a bill of lading?

Last Answer : You can obtain a bill of lading from any shipping company that you would use to ship your goods. They may be able to provide you with an electronic form, or you may have to fill one out by hand. Contact the company you plan to use, and they will be able to assist you.

How do I make invoices for freelance work?

Description : How do I make invoices for freelance work?

Last Answer : What application are you using to generate them. There are many invoice templates in Word. you can download them and customize them. If you need a copy of one, I can provide what I have used in the ... with the invoice for payment in a timely fashion so you can cover your butt and keep track of it.

If you do freelance work, how do you track time and send invoices?

Description : If you do freelance work, how do you track time and send invoices?

Last Answer : answer:You can use http://www.blinksale.com/home I used it for my invoices when I was doing freelance work. It also works with Basecamp, so you can import your clients info from. Its simple and easy to use R

it is always best to have invoices signed for approval after processing for payment. -General Knowledge

Description : it is always best to have invoices signed for approval after processing for payment. -General Knowledge

Last Answer : The given statement is false. Invoices should be signed for approval before processing for payment.

Contractor Forms: Invoices?

Description : Contractor Forms: Invoices?

Last Answer : The most popular of contractor forms, an invoice is the type of document through which a contractor may bill a company or individual for the services that they have provided. Normally, this will list ... as the contractor requiring the invoice be due upon receipt or within a certain number of days.

The period of preservation of invoices of articles received from stock depot is a) Six months b) Eighteen months c) Two years d) Three years

Description : The period of preservation of invoices of articles received from stock depot is a) Six months b) Eighteen months c) Two years d) Three years

Last Answer : d) Three years

Entered in the Purchases Journal are A) Discounts received B) Purchases invoices C) Payments to suppliers D) Trade discounts

Description : Entered in the Purchases Journal are A) Discounts received B) Purchases invoices C) Payments to suppliers D) Trade discounts

Last Answer : Answer: B

Sales invoices are first entered in A) The Cash Book B) The Purchases Journal C) The Sales Journal D) The Sales Account

Description : Sales invoices are first entered in A) The Cash Book B) The Purchases Journal C) The Sales Journal D) The Sales Account

Last Answer : Answer: C

Which of the following is not viewed as national debt? (1) Life Insurance Policies (2) Long-term Government Bonds (3) National Savings Certificates (4) Provident Fund

Description : Which of the following is not viewed as national debt? (1) Life Insurance Policies (2) Long-term Government Bonds (3) National Savings Certificates (4) Provident Fund

Last Answer : (1) Life Insurance Policies Explanation: Government debt (also known as public debt, national debt) is the debt owed by a central government. Government debt is one method of financing ... directly from a supranational organization (e.g. the World Bank) or international financial institutions.

Which of the following is not considered as National Debt? (1) National Savings Certificates (2) Long-term Government Bonds (3) Insurance Policies (4) Provident Fund

Description : Which of the following is not considered as National Debt? (1) National Savings Certificates (2) Long-term Government Bonds (3) Insurance Policies (4) Provident Fund

Last Answer : (3) Insurance Policies Explanation: Government debt is the debt owed by a central government. Governments usually borrow by issuing securities, government bonds and bills. Government Bonds are often ... as the policyholder, which determines the claims which the insurer is legally required to pay.

Which of the following is not considered as National Debt ? (1) National Savings Certificates (2) Long-term Government Bonds (3) Insurance Policies (4) Provident Fund

Description : Which of the following is not considered as National Debt ? (1) National Savings Certificates (2) Long-term Government Bonds (3) Insurance Policies (4) Provident Fund

Last Answer :  Insurance Policies

Which of the following is not viewed as national debt ? (1) Life Insurance Policies (2) Long-term Government Bonds (3) National Savings Certificates (4) Provident Fund

Description : Which of the following is not viewed as national debt ? (1) Life Insurance Policies (2) Long-term Government Bonds (3) National Savings Certificates (4) Provident Fund

Last Answer : Life Insurance Policies

The Department of Transportation regulations 49 CFR require which parameter to be recorded on the shipping paper for hazard class 2.2 nonflammable compressed gases?

Description : The Department of Transportation regulations 49 CFR require which parameter to be recorded on the shipping paper for hazard class 2.2 nonflammable compressed gases?

Last Answer : no

The initiation of a humoral immune response involves a complex interaction of the antigen, cells and intercellular messengers. Which of the following statement(s) concerning the initiation of the humoral immune response is/are correct? a. Helper T lymphocytes stimulate B lymphocytes through secretion of cytokines such as interleukin 4 and 6 b. A number of cells can aid in presenting the antigen to the helper T cell including B lymphocytes and macrophages c. All antigens require coordinated efforts of the various cellular components of the immune system d. An antigen must be a living microorganism

Description : The initiation of a humoral immune response involves a complex interaction of the antigen, cells and intercellular messengers. Which of the following statement(s) concerning the initiation of the ... various cellular components of the immune system d. An antigen must be a living microorganism

Last Answer : Answer: a, b Stimulation of the immune system occurs after a variety of antigen-presenting cells (B lymphocytes, macrophages, dendritic cells, and Langerhans cells) act to engulf ... polysaccharides), most antigens require coordinated efforts of the various cellular components of the immune system