QUESTION 7 A container ship transports commodities from Japan to the United Stat

Question

QUESTION 7

A container ship transports commodities from Japan to the United States. At the Port of Long Beach, the containers are loaded onto rail cars for movement to Savannah. There the are loaded onto a ship for shipment to France.

What is this type of intermodal service called?

A rail bridge

A land bridge

A basic link bridge

A container bridge

4 points   

QUESTION 8

FOB Destination means:

The title of goods trasfers to the buyer when they are delivered.

The title to the goods transfers to the seller when they are shipped.

The title to the goods transfers to the buyer when they are shipped.

The title to the goods transfers to the seller when they are delivered.

4 points   

QUESTION 9

Museum Shows, Inc., is a company that holds exhibits of rare art and artifacts throughout the United States. The average value of an art piece shown is over $500,000. The high-value of this art results in daily transportation insurance costing over $100,000. Exhibits are often scheduled one day apart and 1,500 miles distant. The mode chosen has to be very dependable because damaged or destroyed shipments would be impossible to replace and difficult to restore. Museum’s traveling manager is evaluating modes to transport the exhibits from city to city.

Which mode of transportation would be most appropriate?

Motor

Air

Water

Rail

A rail bridge

A land bridge

A basic link bridge

A container bridge

Explanation / Answer

Ans 7 - Land Bridge

The container movement that involves movement through sea, unloading at land port; further overland travel; loading on another vessel and further movement through sea is referred as land bridge

Ans 8 - The title of goods transfers to the buyer when they are delivered

Under FOB destination terms, the ownership of the goods remains with the seller till the goods are delivered to the buyer at its premises

Ans 9 - Air

Air mode is most suitable for transport of rare art and artifacts as it is most dependable and safe. Secondly, this is the only mode that can safely transfer the items in one day covering 1500 miles.

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