国际贸易实务(英文版) International Trade Practice
周瑞琪 王小欧 徐月芳 编著
Chapter two
IV. Short questions
1. Who pays for loading for shipment under FOB?
答：Seller.
2. Who pays for unloading under CIF?
答：Buyer.
3. Compare and contrast FOB, CFR and CIF?
答：Similarities: a. Seller’s risk will be transferred to the buyer when the goods pass
the ship’s rail. b. Seller is responsible for export customs formalities while buyer is responsible for import customs formalities. c. Buyer is responsible for unloading the goods at the port of destination. d. All three terms can only be used for waterway transportation. Differences: a. FOB requires the buyer to arrange and pay for the ocean transportation; CFR requires the seller to arrange and pay for the ocean transportation; CIF requires the seller to arrange and pay for the ocean transportation and insurance against the buyer’s risk.
4. What are the two types of trade terms concerning the transfer of risks?
答：Shipment contract terms vs. arrival contract terms. Under shipment contract terms
seller’s risk will be transferred to the buyer before the goods depart from the place/port of shipment. Under arrival contract terms seller will bear the risk of the goods until the goods arrive the destination.
5. What are the differences and similarities between CPT and CFR?
答：Major similarities: a. seller should contract and pay for the major carriage. b.
Seller is not taking the risk of loss or damage to the goods during the transportation. Difference: a. CPT is applicable to any kind of transportation mode while CFR is only used for waterway transport. b. Under CPT seller’s risk will be transferred to the buyer when the goods are handed over to the firstcarrier nominated by seller. Under CFR seller’s risk will be transferred when the goods pass over the ship’s rail.
6. What are the differences and similarities between CIP and CIF?
答：Major similarities: a. seller should contract and pay for the major carriage. b.
Seller is not taking the risk of loss or damage to the goods during the transportation. c. Seller must obtain insurance against buyer’s risk. Difference: a. CPT is applicable to any kind of transportation mode while CFR is only used for waterway transport. b. Under CPT seller’s risk will be transferred to the buyer when the goods are handed over to the first carrier nominated by seller. Under CFR seller’s risk will be transferred when the goods pass over the ship’s rail.
7. If you trade with an American, is the sales contract subject to Incoterms without any doubt? What should you do?
答：No. The Revised American Foreign Trade Definitions 1941 is still in use,
especially among the North American area. It has different interpretation about some trade terms. The traders should clarify the choice of rules before any further discussion.
8. What are the most commonly used trade terms?
答：FOB,CFR & CIF.
9. Who is responsible for carrying out customs formalities for exports under an FOB contract?
答：Seller. According to Incoterms 2000, except EXW and DDP these two terms, all
the other eleven terms require the seller to handle the export customs formalities, while buyer the import customs formalities.
10. If a Chinese trader signs a FOB Hamburg contract, is he exporting or importing? 答：Importing. FOB should be used with a “named port of shipment”, if Hamburg is
the port of shipment, from the Chinese trader’s perspective, he is importing.
V．Case Studies
1. An FOB contract stipulated, "The shipment will be effected in March 2008. If the
vessel fails to arrive at the port of shipment on time, the seller agrees to set aside the goods for additional 27 days, and the buyer will bear all costs of delay." it turned out that under the seller's repeated requests, the vessel named by the buyer finally arrived at the port of shipment on May 1. As a result, the seller refused to make the shipment.
(1) Was the seller entitled to compensation for the warehouse rent, insurance and
interest due to the delay?
(2) If the seller had sold the goods to a third party on April 25, should the buyermargin rate
pay for the delay?
(3) If the seller had sold the goods to a third party on May 1 with a better price,
was he entitled to any compensation?
析： a案例中提到“shipment will be effected in March 2008”,这种确定装运时间的
方式允许在整个3月份期间的任何时间进行装运。也即是说，装运的最后期限为08年3月31日。b文中提到的“additional 27 days”,根据合同卖方同意在买方船期延误的情况下为其将货物保留到4月27日。

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