《大学英语》课程作业习题（含答案）第三章练习

Exercise ThreeLAnswerthefollowingquestions1.WhyareIncoterms created?2.Howarethetermsoftradestructured inIncoterms?3Whatshouldbeconsidered inthechoiceoftermsoftrade?II. Decide whether the statements are True or False.1. () The purpose of Incoterms is to totally eliminate the uncertainties of differentinterpretations of tradeterms andthus misunderstandings, disputes, and litigation.2. ()Incotermsarepartofnational orinternational law.3. ()Thescopeof Incoterms is limitedtomattersrelatingtotherightandobligationsoftheparties to the contract of sale with respect to the delivery of tangible goods sold4. () Incoterms deal with allaspects ofasales contract.5. () Incotermscanalsobeusedforthesaleofgoodswithinpurelydomesticmarket.6. ()Incotermsalsodeal withtheconsequencesofbreachofcontractIl. Fillin the blanks in the following table with either “Seller" or"Buver".Contract ofIm.ExTradePlace ofDivisionof RisksclearanceclearanceMode of transportcarriageinsuranceTermsDeliverySeller'sGoods at theEXWAnymodepremisesdisposal of buyerInland placeGoods at theFCAorportofdisposal ofAny modeshipmentcarrierGoods placedPortofSea or inlandFASalongside theshipmentwaterwayvesselGoods pass thePortofSea or inlandFOBshipmentship's railwaterwayPortofGoods pass theSea or inlandCFRshipmentship's railwaterwayPort ofGoods pass theSea or inlandCIFship's railshipmentwaterwayInlandplaceGoods at theCPTorportofdisposal ofAnymodeshipmentcarrierInlandplaceGoods at theCIPorportofdisposal ofAnymodecarriershipment

Exercise Three I. Answer the following questions. 1. Why are Incoterms created? 2. How are the terms of trade structured in Incoterms? 3. What should be considered in the choice of terms of trade? II. Decide whether the statements are True or False. 1. ( ) The purpose of Incoterms is to totally eliminate the uncertainties of different interpretations of trade terms and thus misunderstandings, disputes, and litigation. 2. ( ) Incoterms are part of national or international law. 3. ( ) The scope of Incoterms is limited to matters relating to the right and obligations of the parties to the contract of sale with respect to the delivery of tangible goods sold. 4. ( ) Incoterms deal with all aspects of a sales contract. 5. ( ) Incoterms can also be used for the sale of goods within purely domestic market. 6. ( ) Incoterms also deal with the consequences of breach of contract. III. Fill in the blanks in the following table with either “Seller” or “Buyer”. Trade Terms Place of Delivery Division of Risks Ex. clearance Contract of Im. carriage clearance Mode of transport insurance EXW Seller’s premises Goods at the disposal of buyer Any mode FCA Inland place or port of shipment Goods at the disposal of carrier Any mode FAS Port of shipment Goods placed alongside the vessel Sea or inland waterway FOB Port of shipment Goods pass the ship’s rail Sea or inland waterway CFR Port of shipment Goods pass the ship’s rail Sea or inland waterway CIF Port of shipment Goods pass the ship’s rail Sea or inland waterway CPT Inland place or port of shipment Goods at the disposal of carrier Any mode CIP Inland place or port of shipment Goods at the disposal of carrier Any mode

Inland pointGoods at theDAFAnymodeorplaceatdisposal ofbuyerthefrontierGoods at thePortofdisposal of buyerSea or inlandDESdestinationon board thewaterwayvesselGoods at thePort ofSea or inlandDEQdisposal of buyerdestinationwaterwayon thequayInland placeintheGoods at theDDUAny modedisposal ofbuyerimportingcountryInland placeintheGoods at theDDPAnymodedisposal of buyerimportingcountryIV. Fill in the missing words in the following paragraph.Incoterms arethe international1used in the sales transaction and shipping2documentation.Incotermsdefinetheseller'sandbuyer'sproviding generally three3basicpiecesof information:informationonthetransferofinformationonthedivision4of,andinformationontheSWhenpartiesdecideonagivenIncoterm,they6and these obligations need not be referred to again inare implicitly agreeing to a set ofthesalescontract.SinceIncotermsarenot,theymustbewrittenintoasalescontractin9order to be bound to a contract It should be noted that Incoterms areandcanbefurtherdefinedto suitthemutual interest ofthebuyerand seller.Keys to ExercisesI.1.Incoterms arecreated to provide a set of international rulesfor the interpretation of the mostcommonlyused trade terms in foreign trade.Thus, the uncertainties of different interpretations ofsuch terms in different countries can be avoided or at least reduced toa considerable degree2. The terms are grouped in four basically different categories: E-term, F-term, C-term andD-terms. E-term requires the seller to make the goods available to the buyer usually at the seller'sown premises. F-terms require the seller to deliver the goods to a carrier appointed and paid by thebuyer. C-terms require the seller to contract and pay for carriage without assuming the risk of lossofordamagetothegoods or additional costsdueto events occurringafter shipment anddispatchD-terms require the seller to bear all costs and risks needed to bring the goods to the place ofdestination.3.Transport capacity;Customer'slocation

DAF Inland point or place at the frontier Goods at the disposal of buyer Any mode DES Port of destination Goods at the disposal of buyer on board the vessel Sea or inland waterway DEQ Port of destination Goods at the disposal of buyer on the quay Sea or inland waterway DDU Inland place in the importing country Goods at the disposal of buyer Any mode DDP Inland place in the importing country Goods at the disposal of buyer Any mode IV. Fill in the missing words in the following paragraph. Incoterms are the international _1_ used in the sales transaction and shipping documentation. Incoterms define the seller’s and buyer’s _2_ providing generally three basic pieces of information: information on the transfer of _3_, information on the division of _4_, and information on the _5_. When parties decide on a given Incoterm, they are implicitly agreeing to a set of _6_ and these obligations need not be referred to again in the sales contract. Since Incoterms are not _7_, they must be written into a sales contract in order to be bound to a contract. It should be noted that Incoterms are _8_ and can be further defined to suit the mutual interest of the buyer and seller. Keys to Exercises I. 1. Incoterms are created to provide a set of international rules for the interpretation of the most commonly used trade terms in foreign trade. Thus, the uncertainties of different interpretations of such terms in different countries can be avoided or at least reduced to a considerable degree. 2. The terms are grouped in four basically different categories: E-term, F-term, C-term and D-terms. E-term requires the seller to make the goods available to the buyer usually at the seller’s own premises. F-terms require the seller to deliver the goods to a carrier appointed and paid by the buyer. C-terms require the seller to contract and pay for carriage without assuming the risk of loss of or damage to the goods or additional costs due to events occurring after shipment and dispatch. D-terms require the seller to bear all costs and risks needed to bring the goods to the place of destination. 3. Transport capacity; Customer’s location;

Freight rate,Loading/unloading facilities and local port customRisks in transitII.2.F3.T4. F5.T6.F1.FIl.Contract ofEx.Im.TradePlace ofMode ofDivisionofRisksclearanceclearanceinsurancecarriageTermsDeliverytransportSeller'sGoods at theBBBBEXWAnymodedisposal ofbuyerpremisesInlandGoods at theplace orsBFCABBdisposal ofAny modeportofcarriershipmentGoods placedSea or inlandPortofsBBFASBalongside theshipmentwaterwayvesselPortofSea orinlandGoodspassthesBBBFOBship's railshipmentwaterwayPortofGoods pass theSea orinlandssBCFRBshipmentship's railwaterwayPortofGoods pass theSea orinlandsssCIFBshipmentship's railwaterwayInlandGoods at theplace orssBBCPTdisposal ofAnymodeportofcarriershipmentInlandGoods at theplace orssCIPsBdisposal ofAnymodeport ofcarriershipmentInlandpointorGoods at theDAFsSsBAnymodedisposal of buyerplace at thefrontierGoods at thePortofdisposal of buyerSea or inlandsssBDESon board thedestinationwaterwayvesselPortofSea or inlandGoods at theDEQs3SBdestinationdisposal ofbuyerwaterway

Freight rate; Loading/unloading facilities and local port custom; Risks in transit. II. 1. F 2. F 3. T 4. F 5. T 6. F III. Trade Terms Place of Delivery Division of Risks Ex. clearance Contract of Im. clearance Mode of transport carriage insurance EXW Seller’s premises Goods at the disposal of buyer B B B B Any mode FCA Inland place or port of shipment Goods at the disposal of carrier S B B B Any mode FAS Port of shipment Goods placed alongside the vessel S B B B Sea or inland waterway FOB Port of shipment Goods pass the ship’s rail S B B B Sea or inland waterway CFR Port of shipment Goods pass the ship’s rail S S B B Sea or inland waterway CIF Port of shipment Goods pass the ship’s rail S S S B Sea or inland waterway CPT Inland place or port of shipment Goods at the disposal of carrier S S B B Any mode CIP Inland place or port of shipment Goods at the disposal of carrier S S S B Any mode DAF Inland point or place at the frontier Goods at the disposal of buyer S S S B Any mode DES Port of destination Goods at the disposal of buyer on board the vessel S S S B Sea or inland waterway DEQ Port of destination Goods at the disposal of buyer S S S B Sea or inland waterway

on the quayInlandplace in theGoods at thesssDDUBAny modeimportingdisposal of buyercountryInlandplace intheGoods at theSSsDDPsAnymodedisposal of buyerimportingcountryIV.1. standard2. responsibilities3. risks4. costs7. law8. flexible5. documents6.obligations

on the quay DDU Inland place in the importing country Goods at the disposal of buyer S S S B Any mode DDP Inland place in the importing country Goods at the disposal of buyer S S S S Any mode IV. 1. standard 2. responsibilities 3. risks 4. costs 5. documents 6. obligations 7. law 8. flexible