Which of the following international intermediaries helps foreign buyers and sellers find each other and then handles all of the shipping arrangements and documentation preparation?
a. Customs broker
b. Foreign freight forwarder
c. Trading company
d. NVOCC
c
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Buyers, divisional merchandise managers, and general merchandise managers are some of those who undertake the responsibilities of merchandise management.
Answer the following statement true (T) or false (F)
The planet's resources that are within no country's borders and are available for everyone's use are called the global commons
Indicate whether the statement is true or false
In the two cases of Trigg and Fraser Jewelers, the Ontario Court of Appeal reached opposite decisions, upholding the limitation of liability clause in one case but not the other. What reasons did the court give that can explain this result?
A) Mr. Trigg did not have notice of the exemption clause whereas Fraser Jewelers did. B) The burden of proof was on the defendant in the Trigg case but on the plaintiff in Fraser Jewelers. C) In Trigg, there was a misrepresentation by the sale agent; in Fraser Jewelers, there was none. D) In Trigg the damage was so great it would be unfair to not give him damages E) In Fraser the damages were too remote
For drivers who have liability coverage only, they are self insured for damages to their personal car
Indicate whether this statement is true or false.