the packing list gives information such as the number, date, name and description of the goods, shipping marks, packing, number of packages, specific contents of each package and its net weight and gross weight etc
in the case of documents against acceptance(D/A), documents are handed over to the importer upon his acceptance of the bill of exchange drawn by the exporter.
with insurance, a group of individuals can transfer risk and provides for payment of loses from funds contributed by all memebers who transferred risk.
under a management contract, one company offers nanagerial or other specialized services to another within a particular period for a flat payment or a percentage of the relevant business volume.
In choosing a transportation mode for a particular product, shippers consider as many as six criteria: speed, frequency, dependability, capability, availability and cost. Thus if a shipper seeks speed, air and truck are the prime contenders. If the goal is low cost, then water and pipeline are the prime contenders.
The franchiser can develop internationally and gain access to useful information about the local market with little risk and cost, and the franchisee can easily get into a business with established products or services. Franchising is fairly popular especially in hotel and restaurant business.
packing should be made according to the requirements of transportation. In most cases, the seller clearly knows the package which is needed to tranfer goods to the destination safely.
to a specific transaction, the LC may not be the most favorable mode of payment. Both contracting parties should make the best choice according to specific conditions.