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12. Which sign is the odd one out in the following list? Why?

Handle with care

Glass

Fragile

Open here

Not for sale

Lift here

Use rollers

Use no hooks

Top

13. Translate the following part of the contract and answer the questions:

The Seller will take care of, and bear all the expenses connected with, obtaining the necessary license for exporting the goods under the present Contract from the Port of Origin to Ukraine.

Not later than a month from the effective date of the Contract, the Seller is to advise the Buyer if the export license has been granted or is not required.

If the Seller is unable to obtain the export licence and the Buyer is unable to obtain the import licence within the time stipulated above, or the export/import licence is revoked by the appropriate authorities of the Seller’s/Buyer’s country before the deliveries are completed, the Seller/Buyer will have the right to cancel the Contract wholly or partially.

  1. Who is supposed to obtain the export/import license?

  2. What right will the parties exercise if the appropriate authorities revoke the import/export license?

14. Which type of basis term of contracts do the following descriptions correspond to:

a) the terms of delivery in accordance with which the Seller pays for transportation and insurance of goods until they arrived at the ship and the Buyer pays for loading the goods:

b) the terms of delivery in accordance with which the Seller pays for transportation and insurance of goods to the point of loading and their shipment on board a ship;

c) the terms of delivery in accordance with which the Seller pays for loading and transporting goods but the Buyer pays the insurance costs once the goods have been loaded;

d) the terms of delivery in accordance with which the Seller pays for transportation to the port of destination, costs of loading and arranges marine insurance of the goods for the time of transportation.

15. Which of these products would most likely be exported by air freight? Or by road transport? Or by sea?

16. Read the following extract from the article and answer the questions.

According to industry sources, Acer, Elitegroup, and Mitac were among the earliest Taiwan companies to test the B5 version of the Pentium which is now said to be distributed as the replacement for the flawed 60/66MHz Pentiums. While Intel last month fanned out fury over its initial announcement to replace the flawed chips on a case-by-case basis, its new “no-question-asked” replacement policy is still under fire.

The most asked question concerning Intel’s new replacement policy is “when”. In fact, our company late last month was still waiting for the retailer who sold us five flawed 66MHz Pentiums to obtain the necessary replacement from Intel’s local distributor. In the meantime, the Pentium systems have been retired from the desktop publishing and art department whose members had been growing bald from all the hairtearing incidents in which their artwork and page-makeups came out in pages of printed rubbish. Our accounting department also had a Pentium, but since all accounts were checked by abacus, our accountants were more fortunate.

a) How many names of companies are mentioned in this article?

b) What faulty product does this article describe?

c) Which company produced it?

d) Why was the accounting department more fortunate than other departments?