Ship broker - Study guides, Class notes & Summaries

Brokerage and Chartering Exam 1 Review Questions and Answers 100% CorrectBrokerage and Chartering Exam 1 Review Questions and Answers 100% CorrectBrokerage and Chartering Exam 1 Review Questions and Answers 100% CorrectBrokerage and Chartering Exam 1 Review Questions and Answers 100% Correct What makes a good broker? - ANSWER-~Knowing the current freight/hire rates in the trade. ~Aware of seasonal variations, recent fixtures, and current ship/cargo availability ~Know the desired business of h...

FLORIDA CDR QUESTIONS AND ANSWERS ALREADY PASSED The department can, on the power of its own initiative, administer oaths, take depositions, issue and serve Subpoenas, and compel the attendance of a witness and the production of books, paper, documents, or other evidence. True In order to transport prescription drugs, which of the following entities must obtain a permit from the department of business and professional regulation's (DBPR)? Freight forwarders A Director, officer, trustee, part...

Which of the following entities could be considered a Manufacturer as defined by Chapter 499? (- a. a person who owns the ANDA or NDA b. an affiliate of a person who owns the ANDA or NDA c. an entity that manufactures the product d. all of the above* e. answers A and C are correct Which of the following items are generally acceptable to be purchased, stored, sold or brokered in or into the State of Florida by a properly licensed Prescription Drug Wholesale Distributor? (- A) Veterinar...

SHIP BROKER QUESTIONS AND ANSWERS

Having lost his job in the recent recession and facing property taxes that were past due, Ed was desperate for cash. He sold his prized 1969 Mustang to a good faith purchaser for value at a price that was well below its market value. Ed now regrets this decision and asks if he has any legal basis for rescinding the contract. Please advise Ed a. no, this was a valid bargained for exchange with a good faith purchaser for value b. yes, he van rescind the contract based on innocent misrepresent...

Export Declaration - This is filed w/ agency of exporting country, describing goods. Primarily used to collect trade statistics... Deck Receipt - Ship terminal gives for goods delivered; then held until goods are loaded into ship... Customs Invoice - Assessment information on shipments regarding duty charges Consumption Entry - this document is prepared by importing custom house broker for shipments requiring customs clearance into a country What details are usually listed on a commerc...

British Textile Manufacturer entered into a contract with Cotton Broker for 2,000 bales of cotton to be shipped from India to England on the ship "Peerless, sailing from Bombay." The contract was silent about the shipping date. Buyer expected the cotton to be shipped on the Peerless that sailed from Bombay in October; seller expected to ship the cotton on the Peerless that sailed from Bombay in December. By the time the second ship arrived in England, buyer had found another supplier and refus...

Harrisburg resident Joseph Bell has worked full-time for Larry Keen, who is the builder-owner of dozens of homes just outside of Harrisburg. Joseph is Larry's "right-hand man," and Larry has given him permission and the authority to take on many of Larry's tasks. Joseph routinely lists homes for sale, as well as actually selling the real estate on Larry's behalf, which of the following best describes Joseph? - He's a building-owner salesperson Springfield broker, Sam Hovis, has surpri...

Sid Salesman sold Bea Buyer a used 2004 Camry for 8,000. The morning after the contract was signed, Sid called Bea to say that he had forgotten that the dealership would not let that Camry go for less than 9,000 so she would have to pay an additional 1,000 if she wanted the car. Is Bea liable for the extra 1,000? a. yes, this was a unilateral mistake of fact by Sid b. no, this was a unilateral mistake of fact by Sid c. yes, Sid has the defense of economic duress d. yes, this was a bila...

Indiana Real Estate Exam Questions and Answers 100% Pass The ____ is fully responsible for the actions preformed in the course of real estate business by all persons licensed under ______. - Answer- Broker, Broker The _____ can carry out ONLY those responsbilties assigned by employing ____. - Answer- Salesperson, broker A salesperson can receive ______ ONLY from that broker. - Answer- compensation A salesperson has _______ to make contracts with or ______ from any other party. - Answer- ...