A company exported a batch of goods on CIF basis, but all the goods were lost due to the shipwreck on the way. Hence, ().
A. payment may not be made by the buyer on account of the fact that the goods have not arrived
B. the buyer shall pay against the full set of documents provided by the seller
C. the buyer can claim compensation from the carrier
D. it is up to the bank to decide whether to pay or not
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A certain batch of export goods have been covered with W.P.A. insurance. In case of partial loss of the goods due to rain during transportation, the insurance company will ().
A. be responsible for the compensation of the whole shipment
B. be responsible for the compensation for the wet part
C. will not compensate
D. is responsible for the compensation of the wet partwith the consent of the insured
We have concluded a lot of canned food on CIF terms. Which of the following descriptions is correct when the seller insures？ （）
A. FPA + WPA
B. All risks + TPND
C. W.P.+ TPND
D. FPA + All risks
If the goods under the CIF contract were burned by fire after shipment， then ().
A. the Seller shall bear the loss
B. the seller is responsible for claiming compensation from the insurance company
C. the buyer is responsible for claiming compensation from the insurance company
D. the party who bears the freight shall compensate
As usual in the international market, the insurance period of basic marine cargo insurance in China generally adopts the principle of ().
A. door to door
B. table to table
C. warehouse to warehouse
D. port to port
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