Ų 2020 terms. Which of the following option is not applicable in this case? Select the correct option and click Submit. The buyer takes over the risk from the seller on the arriving vessel in the Port of Durban. The seller transfers the risk to the buyer by placing goods on a quay in Yokohama. The seller bears the cost of transport of goods till the Yokohama port. The buyer bears the cost of loading the goods onto a departing vessel in Yokohama.
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- You have sent you shipment to your international customer against a sales contract and submitted the documents including invoice and bill of lading. Your customer now develops cold feet and wants to pull out of the contract and does not want the goods anymore. Your customer thus refuses to receive the documents and clear the goods through customs in the importing country. You are now stuck in a situation where your goods are at a port terminal in a foreign country and you will not be paid. Explain how you will resolve the situation? Specifically what terms of payment could you have used that would "rescue" you when such a situation occurs? Clearly explain and provide justification as part of your answer.(Urgent please help, It's not an essay)All of the following are advantages to contracting except: a. Reducing income riskb. Assuring a market for a commodityc. Eliminating default risk of a single buyerd. Ensuring and rewarding for qualityClassify the following risks into variation, foreseen uncertainty, unforeseen uncertainty, and chaos:i. The transportation disruptions, including the grounding of all airplanes,following the attacks on September 11, 2001 severed many supply chains
- Respond to the following question: A U.S. Pesticides Distributor Company contacts an overseas manufacturer of plastic containers to store pesticides. The U.S. buyer asks for a quote, and the overseas manufacturer send the following message: “20L Plastic Jerry Cans. 1000pcs CIF Miami 12.59/PCS. You’ll make the customs clearance at Miami port” What can the U.S buyer understand by that message regarding the allocation of shipping and freight costs?Scenario: John used the AirBnB platform to book a condo for his staycation with his family on Dec 17 in Cebu, but due to the typhoon Odette, he had to cancel on Dec 16. Because the cancellation was done within 48 hrs, he's no longer eligible for a full refund. He also missed to file a claim within 14 days due to power outage and loss of internet connection caused by the typhoon. 1. Identify the problems with Airbnb’s current refund process. 2. Provide at least three possible solutions and include the pros and cons for each suggested solution then choose the best solution based on your assessment. 3. What are the pros and cons of the current policy versus your proposed solution?Give a detailed explanation of whether the following statements are true or false. • The buyer of an option has an obligation to purchase the underlying asset in the case of a call, or sell in the case of a put, which the seller of an option has the right to deliver in the case of a call, or take delivery in the case of a put. • Call-put parity implies that currency puts and calls written with exercise prices at the forward rate will have different values because, if the foreign interest rate exceeds the domestic rate, the forward rate is at a discount; therefore, the exchange rate is expected to depreciate, making the put more valuable
- Jennifer has a small business mixing and selling essential oils. One product is a mixture of two oils, lavender and peppermint. She asked her assistant, Carmen, to check on two suppliers to determine the costs for her next batch. Carmen contacted the suppliers and got quotes from each for the order. She misplaced the number of ounces of each oil she needed to purchase. The information she has is: Supplier A: lavender: $5.80$5.80/ounce peppermint: $4.20$4.20/ounce Total cost: $128.40$128.40 Supplier B: lavender: $4.50$4.50/ounce peppermint: $5.00$5.00/ounce Total cost: $124$124 She decides to solve a system of equations to determine the number of ounces of lavender, LL and of peppermint, PP, she should order. What system of equations can Jennifer use to find LL and PP?As a purchasing agent for a local solar company at NYC, you have been asked to analyze the bids for 200 polished disks used in solar panels. These bids have been submitted by three suppliers: Thailand Polishing (Thailand), India Shine (India), and Sacramento Glow (California). Thailand Polishing has submitted a bid of 2,000 baht. India Shine has submitted a bid of 2,000 rupees. Sacramento Glow has submitted a bid of $200. You check with your local bank and find that $1 = 10 baht and $1 = 8 rupees. If there is a 30% import tax, which firm should you then choose?As a purchasing agent for a local solar company at NYC, you have been asked to analyze the bids for 200 polished disks used in solar panels. These bids have been submitted by three suppliers: Thailand Polishing (Thailand), India Shine (India), and Sacramento Glow (California). Thailand Polishing has submitted a bid of 2,000 baht. India Shine has submitted a bid of 2,000 rupees. Sacramento Glow has submitted a bid of $200. You check with your local bank and find that $1 = 10 baht and $1 = 8 rupees. Which company should you choose?
- S1: Cost plus contract is a contract used on long term construction contracts in which the contractor agrees to a contract price that is fixed, either at the inception or at a fixed rate per unit of output, which in some cases may be subject to cost escalation clauses.S2: Variable contract is a construction contract in which the contractor is reimbursed for allowable or otherwise defined costs, plus a percentage of these costs or a fixed fee S1 True; S2 False Both are true Both are false S2 True; S1 FalseSouth Africa produces textiles. As a trade policy to enhance exports of textiles, the South African government introduces a subsidy on textiles. The autarky price of a ton of textiles is R40, and domestic production and consumption of textiles is 60 tons. The free trade price of textiles is R45. Represent this scenario in a well-drawn diagram and explain with the aid of the diagram, the impact of a R10 subsidy on each unit of textile2. Discuss whether any duty drawback is admissible under section 75 of Customs Act in the following case and if yes, what is the quantum of such drawback An Exporter has exported goods of worth INR 3,00,000, Amount of Drawback is 0.5%, Market price of goods is INR 2,50,000 and value of imported material used in goods is INR 1,80,000