Chapter2 Terms of Commodity 国际贸易实务双语教材.pptVIP

Chapter Two Terms of Commodity Learning objectives Know the different ways of quality stipulation. Familiar with the quantity measurement units and systems. Know the functions and features of different types of export packaging. Master the stipulation of quality, quantity, and packing clauses properly. Contents Case study 1 Section 1 Name of Commodity 2 Section 2 Quality of Commodity 3 Section 3 Quantity of Goods 4 Section 4 Packing of Goods 5 Key terms 6 Case Study Green Home Electric Appliance Trading Company of China exported 2, 000 fans to America. Partial shipments are not allowed according to the credit. However, when the exporter made the shipment, he found 80 fans with broken package, in which, some of the fan covers deformed and some switches off. The replacement was already too late. The exporter regarded that the quality of the goods could be ensured according to “UCP 600”, even if partial shipments are not allowed, there is a tolerance of 5% of the quantity. 80 fans were within the range of 5% of the whole quantity, so he shipped 1,920 fans actually. When the seller went to the bank with the documents for negotiating, the bank refused to negotiate. Question: What is the reason? Analysis As stipulated in the “UCP600”, if the numbers or items of goods can be accounted accurately, the more or less clause is not applicable. In this case, fan is just like this kind of commodity, so it does not apply to the 5% more or less clause. The documents with an amount of 1,920 fans the exporter submitted were not in conformity with credit, so the bank had the right to refuse the payment. Sale by Actual Commodity Sale by Description Sale by Inspection Methods of Stipulating Quality of Goods Sale by Sample Sale by Specification Sale by Grade Sale by Standard Sale by Specifications and Illustrations Sale by Product Origin Sale by Brand Name or Trade Mark 1. Sale by Actual Commodity 1.1 Sale by Inspection Agricultural product Car exhibition 1.2 Sale b