menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    International Business Law
  4. Exam
    Exam 5: The Documentary Sale and Terms of Trade
  5. Question
    In a Documentary Sales Transaction,financial Responsibility for Lost or Damaged
Solved

In a Documentary Sales Transaction,financial Responsibility for Lost or Damaged

Question 50

Question 50

True/False

In a documentary sales transaction,financial responsibility for lost or damaged goods is always negotiated once the loss or damage occurs and not before.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q45: A straight bill of lading assures that

Q46: The documentary collection is the process by

Q47: When goods are to be transported by

Q48: Bills of lading are meant to be:<br>A)

Q49: Shipment contracts are more common in international

Q51: According to Incoterms,the risk of loss under

Q52: An importer in Germany requests a price

Q53: International commercial terms are used in all

Q54: When a party takes a negotiable document

Q55: Another term in lieu for a negotiable

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines