• 2022-06-15
    Force majeure clause is a clause that mainly ( ).
    A: protects the right of the seller
    B: protects the right of the buyer
    C: enables the seller to avoid his contractual obligations
    D: enables the buyer to avoid his contractual obligations
  • A

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      A force majeure event should have the following features EXCEPT that ( )。 A: it happens after the contract is signed B: it is not due to the negligence of the buyer or seller C: neither the buyer nor the seller can control the situation D: either the buyer or the seller can control the situation

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      Incoterms are a set of trading terms and rules that identify the obligations, costs and risks imposed upon ( ). A: the shipper and the consignee B: the seller and the buyer C: the seller and the carrier D: the insurer and the insured

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      In a contract for the sale of goods it is usual to find a retention of (3)…clause, which protects the seller’s ownership of the goods if the buyers does not pay.

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      The seller may cancel the contract and reserve the right to claim _________buyer’s breach of contract:

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      An exporter sells goods to a customer abroad on CIF and FCA terms. Who is responsible for the freight charges respectively() A: seller, seller B: seller, buyer C: buyer, seller D: buyer, buyer