内容正文:
Chapter Two
Terms of Commodity
Learning objectives
Know the different ways of quality stipulation.
Familiar with the quantity measurement units and systems.
Know the functions and features of different types of export packaging.
Master the stipulation of quality, quantity, and packing clauses properly.
Contents
Case study
1
Section 1 Name of Commodity
2
Section 2 Quality of Commodity
3
Section 3 Quantity of Goods
4
Section 4 Packing of Goods
5
Key terms
6
Case Study
Green Home Electric Appliance Trading Company of China exported 2, 000 fans to America. Partial shipments are not allowed according to the credit. However, when the exporter made the shipment, he found 80 fans with broken package, in which, some of the fan covers deformed and some switches off. The replacement was already too late. The exporter regarded that the quality of the goods could be ensured according to “UCP 600”, even if partial shipments are not allowed, there is a tolerance of 5% of the quantity. 80 fans were within the range of 5% of the whole quantity, so he shipped 1,920 fans actually. When the seller went to the bank with the documents for negotiating, the bank refused to negotiate. Question: What is the reason?
Analysis
As stipulated in the “UCP600”, if the numbers or items of goods can be accounted accurately, the more or less clause is not applicable. In this case, fan is just like this kind of commodity, so it does not apply to the 5% more or less clause. The documents with an amount of 1,920 fans the exporter submitted were not in conformity with credit, so the bank had the right to refuse the payment.
Section 1 Name of Commodity
Example: Name of Commodity( Description of Goods):
Chang Hong Brand 14”CTV, Model 1401
Points for Attention:
Using internationally recognized commodity description
Paying attention to the use of different name for the same product
Paying attention to the appropriate choice of commodity name
The stipulation of the commod