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Itisadvisabletoinsureyourairfreight,especiallyifitisvaluable.
Comparedwithroadtransport,theadvantagesofrailtransportdonotinclude:
Internationalmultimodaltransportmeansthecarriageofcargobyatleastfourmodesoftransportonthebasisofamultimodaltransportcontract.
Multimodaltransportplacestheresponsibilityfortransportactivitiesunderoneoperator,whothenmanagesandcoordinatesthetotaltask.
____________documentsareissuedbytheshippingline,airline,internationaltruckingcompany,railroad,freight-forwarderorlogisticscompany.
3.Thebillofladingpresentedtotheconsigneeorbuyerorhisbankafterthestipulatedexpirydateofpresentationorafterthegoodsaredueattheportofdestinationisa________.
A(An)_______representstitletothecargo.
Itisrareforanytradertoskipinsurancewhendoinginternationalbusiness.
Anassuredmustatalltimesactinthesamemannerashewouldintheeventhewereuninsured.
Itisvitalthattheassuredcanprovewithcertaindocumentsthattheclaimhasbeencausedasaresultoftheinsurancecoverage.
Insurancerequiredhigherstandardofhonestythanotherbusiness.
CompanyAexported5metrictonsoftea.Theteasufferedheavystormintransit.Theseawaterintheship'sholdledtothedeteriorationinthequalityofpartoftheteaexported.Thiskindoflossis__________.
Riskssuchas"failuretodeliveryrisk"or"rejection"fallwithinthecategoryof____.
Naturalcalamitiescoveredbyinsuranceareeventsthatareexceptionaltosomeextent,nottheordinaryactionofthewindandwaves.
Thebillofexchangemustbecontaina(n)_______topaymoney.
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