Banks have legal obligation to inspect the actual merchandise.

In marine voyage chartering， the following（）terms are normally appeared in the voyage charter party.

（） is the party which applies to the bank for the opening of a letter of credit.

In consolidation service， it is usually the consignor who issues to each consignee his bill of lading.

According to INCOTERMS 2010， CIP means that the seller delivers the goods to the carrier nominated by the buyer at the named place.

In marine time chartering， the following（）terms are normally appeared in the time charter party.

“Shipment is to be made in the second half of a month.” means shipment to be made from （）.

Usually， the straight bill of lading is non-negotiable， that is， the goods must be sent to the consignee named in the bill of lading by the carrier.

The air waybill number is the identification of each consignment and comprises three parts（）.

The Bareboat Chartering means that the vessel is put at the disposal of the Charterer for a certain period employment without any crew.