[国际贸易]实务-练习题与答案Chaper 18.doc

Chapter18 Chapter Summary 1. Implementing a CIF and L/C contract,matters that the seller should handle mainly involve: preparing the goods,urging the opening of L/C,checking L/C,asking the amendment to L/C,arranging shipment,effecting insurance,clearing export customs,making out documents and collecting export proceeds in foreign exchange. 2. The seller must deliver the goods to the buyer the exact quantity of goods stipulated in the contract for sale.In determining the quality and description of the goods,the requirements in the contract will prevail.The way in which the goods are packaged has to be sufficient to protect and preserve the goods until the goods are handed over to the buyer at their destination. 3. Goods should also fit for the purpose for which goods of the same description would “ordinarily” be used and for a particular purpose. 4. Delivery after the date or period for delivery is a breach of contract, even a fundamental breach of contract. The time of delivery is governed first by the provisions of the contract. 5. The seller should also ensure that the goods it delivers are not subject to rights or claims by a third party and do not infringe on the industrial property rights or other intellectual property rights of the third party. 6. The seller may urge the buyer to open the L/C in cases of:1)The buyer fails to issue an L/C within the time stipulated in the contract;2)The goods are ready for shipment, and the seller wants to advance shipment. 7. The seller should check the details of letter of credit. If the seller finds that the terms stipulated in the credit are not in line with those specified in the contract or not acceptable, it must immediately notify the buyer (applicant) in the shortest possible time. Meanwhile it should keep in mind that shipment could not be effected until the L/C amendment arrives. Partial acceptance of an amendment is not allowed. 8. The seller shall fill in the shipping note to book the shipping space. After receiv