C. Claims
D. Disputes
2. When should the Buyers make the claim?________.
A. 30 days after shipment
B.30 days after the arrival of the goods at destination
C.60 days after shipment
D.60 days after the arrival of the goods at destination
Within 60 days after the arrival of the goods at destination, should the quality, specifications, or quantity be found not in conformity with the stipulations of the Contract, the Buyers shall, on the strength of the Inspection Certificate issued by the Commodity Inspection Organization(the inspection charges shall be borne by the Buyers), have the right to claim.
B. Read the passage and answer the questions.
3. What is this paragraph about? ________.
A. Shipment
B. Insurance
C. Payment
D. Letter of Credit
4. According to the passage, which is not indicated?________.
A. The L/C should reach the Buyers before 20th September.
B. Both partial shipment and transshipment are allowed.
C. The L/C remains valid 15 days after the date of shipment.
D. This contract could be cancelled if the Sellers fail to effect shipment.
By confirmed, irrevocable L/C without recourse in favour of CNCIEC Shanghai Branch for the total value of the contracted goods in Pounds sterling, payable at sight against presentation of shipping documents to the Bank of China in the port of loading. The L/C must reach the Sellers before 20th September and remain valid in
China
for 15 days after the date of shipment. Partial shipment and transshipment are allowed. In the event either the sellers fail to effect shipment or the Buyers fail to establish the L/C within the stipulate period, unless such failure is due to Force Majeure, the complaining party shall have the right to cancel this contract or lodge claim for direct losses sustained if any.
C. Read this passage and decide whether these statements are true(T) or false(F)
.
5. The passage is about the problem of shipment.(
)