Open main menu
Home
Random
Recent changes
Special pages
Community portal
Settings
About Consumerium development wiki
Disclaimers
Consumerium development wiki
Search
User menu
Talk
Contributions
Log in
Editing
User:Jukeboksi/BBA studies/Entering Target Markets
(section)
Warning:
You are not logged in. Your IP address will be publicly visible if you make any edits. If you
log in
or
create an account
, your edits will be attributed to your username, along with other benefits.
Anti-spam check. Do
not
fill this in!
== Export and import practicalities - Lesson 1 - Basics of import/export == * A '''[[w:letter of credit|letter of credit]]''' is a document issued by a financial institution, or a similar party, assuring payment to a seller of goods and/or services provided certain documents have been presented to the bank. ( Wikipedia ) ::: One of the primary peculiarities of the documentary credit is that the payment obligation is independent from the underlying contract of sale or any other contract in the transaction. ( Wikipedia on documentary credit ) * A '''[[w:Bill of Lading|Bill of Lading]]''' is a document generated by a shipping line or its agent, giving details of a [[w:transport|shipment]] of [[w:good (economics)|merchandise]]. Alongside this principal purpose, the bill of lading also certifies that the goods have been shipped aboard a vessel (and in some cases certifies the condition of the goods at the point of loading), assigns [[w:title (property)|title]] to the goods, and requires the carrier to release the merchandise to the holder of the title or a named party at the destination port. ( Wikipedia ) ::: The Bill of Lading is a document of title of,goods, transferable by endorsement and is a receipt from shipping company regarding the number of packages with a particular weight and markings and a contract for the transportation of same to a port of destination mentioned therein. ( Wikipedia introduction ) * A '''[[w:freight forwarder|freight forwarder]]''', '''forwarder''', or '''forwarding agent''', is a person or company that organizes shipments for individuals or [[w:corporations|corporations]] to get goods from the [[w:manufacturer|manufacturer]] or producer to a market, customer or final point of distribution. ( Wikipedia ) * A '''[[w:private carrier|private carrier]]''' is a company that transports only their own goods. The carrier's primary business is not transportation. ( Wikipedia ) * A '''[[w:common carrier|common carrier]]''' in [[w:common law|common law]] countries (corresponding to a '''public carrier''' in [[w:Civil law (legal system)|civil law]] systems, usually called simply a '''''carrier''''') is a person or company that transports goods or people for any person or company and that is responsible for any possible loss of the goods during transport. ( Wikipedia ) * A '''[[w:contract of sale|contract of sale]]''' is a legal [[w:contract|contract]] an exchange of goods, services or property to be exchanged from seller (or vendor) to buyer (or purchaser) for an agreed upon value in money (or money equivalent) paid or the promise to pay same. ( Wikipedia ) * '''[[w:Multimodal transport|Multimodal transport]]''' (also known as combined transport) is the transportation of goods under a single contract, but performed with at least two different means of [[w:transport|transport]]; the carrier is liable (in a legal sense) for the entire carriage, even though it is performed by several different modes of transport (by rail, sea and road, for example). ( Wikipedia )
Summary:
Please note that all contributions to Consumerium development wiki are considered to be released under the GNU Free Documentation License 1.3 or later (see
Consumerium:Copyrights
for details). If you do not want your writing to be edited mercilessly and redistributed at will, then do not submit it here.
You are also promising us that you wrote this yourself, or copied it from a public domain or similar free resource.
Do not submit copyrighted work without permission!
To protect the wiki against automated edit spam, we kindly ask you to solve the following CAPTCHA:
Cancel
Editing help
(opens in new window)