1.A shipment of fresh egg is transported to the docks by an exporter on an FOB contract. The eggs are broken by a crane falling them as they are awaiting to be loaded on board. The ___ should be liable for the damage. (A)

A. seller

B. buyer

C. ship owner

D. freight forwarder

2. 100 sewing machines under CIF shanghai are being shipped onto the ship and the rope breaks. The goods finish up at the bottom of the dock and divers are sent down. The recovery and repair of goods costs a great of money. The ___ should be responsible for the damage. (C)

A. ship owner

B. buyer

C. seller

D. freight forwarder

3. According to INCOTERMS 2000, which group of the following trade terms mean that the seller must contract for the carriage of the goods to the named port (or place ) of destination?____ (D)

A. FOB/CFR/CIF

B. FCA/CPT/CFR

C. FOB/FCA/CIP

D. CFR/CPT/CIF

4. Under the FOB term, the risk of loss or damage to the goods is transferred from the seller to the buyer when goods pass the ship’s rail in the ____. (A)

A. port of shipment

B. place of shipment

C. port of destination

D. place of destination

5. Under the CFR term, the seller must, in addition, pay the cost of carriage necessary to bring the goods to the ____ , when he delivers the goods to the carrier nominated by him. (D)

A. named place

B. named destination

C. any place

D. named port of destination