Exam on Module 5 Total Marks : 45

Coverage: Transport Documents

(Please put answer in your separate sheet)
01 Extract from a Documentary credit:
Field 44A: Any place of China
Field 44E: Any port of China
Field 44F: Any port of Chittagong
Field 44B: Mongla
Field 46A: Document Required: Bill of Lading
Which article will be the basis for examination of respective transport document
A) Article 19: Covering at least two modes of transport
B) Article 20: Bill of Lading
C) Either article 19 or 20, depending upon the presentation of transport document
D) Charter party bill of Lading
02 Extract from a Documentary credit:
Field 44E: Any port of China
Field 44F: Any port of Chittagong
Field 46A: Document Required: Bill of Lading
Field 47A : Additional Conditions: Charter Party Bill of Lading Acceptable
Which article will be the basis for examination of respective transport document
A) Article 20: Bill of Lading
B) Article 22: Charter party Bill of Lading
C) Either article 20 or 22, depending upon the presentation of transport document
D) Article 19: Covering at least two modes of transport
03 A transport document which deliver the goods from the beneficiary premises to applicant warehouse using
single document called:
A) Bill of lading mentioning place of receipt
B) Multimodal transport document
C) Bill of lading mentioning place of final destination
D) Charter party Bill of lading with transshipment prohibited
04 Which of the following statement is correct regarding multimodal transport document, EXCEPT
A) The Consignee concludes a single contract of carriage with MTO (Multimodal transport operator)
B) MTO makes own contractual arrangements with each individual carrier for successive carrier
C) MTO needs not require to operate their own means of transport
D) Sometime named as contractual carrier
05 For shorter journey under a multimodal transport document, which technique a multimodal transport operator
usually deploy:
A) Goods places in containers
B) Goods are loaded on barges at a rive point
C) Goods are loaded on LASH barge
D) Roll-on, roll-off(ro-ro) techniques
06 Which is not example to Ro-Ro technique:
A) A lorry carrying the goods is loaded on vessel
B) Goods are loaded on barges at a river point
C) A trailer carrying the goods is loaded on rail car
D) A trailer carrying the goods is loaded on wagon
07 Which of the following statement is not correct regarding negotiable bill of lading made out to the order
A) The consignee is to be “to order”
B) The consignee is to be “to the order of the shipper”
C) The Bill of lading must be endorsed while forwarding it to the issuing bank
D) Title is not subject to previous defect
08 How carrier can deliver goods against a negotiable bill of lading
 I) Surrender of original bill of lading
II) Against shipping guarantee in case of absence of bill of lading
III) To the consignee without surrender bill of lading
IV) Any party, when carrier deems the party of the consignee
A) I only
B) I and III only
C) I and II only
D) All of the above
09 In Which transport document “Identification of carrier” is not required-
I) Bill of lading
II) Charter Party Bill of lading
III) Railway receipt
IV) CMR
A) Only ii
B) Only ii & iii
C) Only iii & iv
D) Only i
10 Extract from a credit:
Field 44E: Any port of China
Field 44F: Any port of Bangladesh
Field 46A: Bill of lading
Field 47A: Charter Party Bill of lading acceptable
Transport document presented evidence no charter party indication but port of discharge appeared on it as :
Any port of Bangladesh.
Which of the following statement is correct?
A) Port of discharge must be specific
B) Port of discharge must be as stated in the credit
C) Port of discharge may be as stated in the credit
D) Either of the above
11 Which transport document presentation of carbon copy is acceptable as original-
A) Courier receipt
B) Railway Receipt
C) Certificate of posting
D) Postal receipt
12 When Multimodal transport document usually issued negotiable document-
A) When first leg of the carriage in vessel
B) When last leg of the carriage in vessel
C) When any leg of the entire carriage in vessel
D) Always negotiable irrespective of means
13 An importer approach to you with the following condition:
 Underlying contract executed through documentary credit
 Goods will be carried out by sea
 The journey is very short
 In most of the time goods arrived at the port of destination faster than the document
 The underlying goods are manufactured goods
Which transport document best suit for your importer?
A) Bill of lading
 B) Charter party bill of lading
C) Non Negotiable Sea way bill
D) Multimodal transport document
14 As a CDCS working in Bank Z -issuing Bank, How will you take control over goods under Non Negotiable
Sea way Bill-
I) Made out to the order of Bank Z
II) Straight consigned to Bank Z
III) Arrange to incorporate of “lien clause” on Non Negotiable Sea Way Bill
IV) Deliver against surrender of original Non Negotiable Sea Way Bill
A) I & IV
B) III & IV
C) II & III
D) All of the above
15 When the applicant of the LC may become charterer of the Charter party bill of lading:
A) FOB Contract
B) CFR Contract
C) CIF Contract
D) In any event
16 When the beneficiary of the LC may become charterer of the Charter party bill of lading:
A) FOB Contract
B) CFR Contract
C) CIF Contract
D) Both (B) & (C)
17 Which of the following features a charter party bill of lading (CPBL) have in contrast to the bill of lading (B/L)
I) B/L usually appear “contract of carriage”, CPBL does not appear charter party agreement
II) B/L made out to the order, CPBL must always straight consigned
III) In B/L, Consignee right to the goods in first place, In CPBL Consignee right always in second place after
ship-owner
IV) B/L usually operates as liner under specific schedule, Charter Party agreement is usually for a period of
time or for a single voyage
A) I and II
B) I & III
C) I, III & IV
D) All of the above
18 How an issuing exercise control over goods under Airway Bill(AWB):-
I) Holding the consignor copy
II) Issuing Bank as named consignee on AWB
III) Insisting issued to the order
IV) Arrange to release the goods only surrender of AWB
A) I and II
B) I & III
C) I, III & IV
D) All of the above
19 Where you see “intended vessel” on a B/L, what point you check on the document?
A) The name of the feeder vessel
B) The name of the ocean vessel
 C) A dated on board notation with the attached vessel name
D) The words “on board” with the actual vessel name.
20 In order to see that at least two modes of transport are used on a multimodal transport document we
must see,
A) By which mode transports are realized
B) The title of document as Multimodal or Combined Transport Document
C) It has been issued by a combined/multimodal transport operator
D) None of the above.
21 Which of the following signatures is not acceptable in a charter party bill of lading?
A. As owners
<Sign>
B. ABLE Shipping Co., Ltd
<Sign> As carrier
C. Alpha & Sons
<Sign>
As agents for the Captain – Mr.Smith
D. <sign>
Master
22 If a credit calls for a road transport document, banks will accept a document
I. if indicates the name of the carrier
II. even if it is not marked “Original”, provided it is not a copy
III. only if it is marked “original for shipper”
IV. if bears the carrier’s reception stamp
A) I & II
B) I & III
C) I,III & IV
D) I, II & IV
23 A L/C calls for a presentation of a Multimodal Transport Document, which of the following
is true?
A) MTD should evidence a on board date
B) On board notation in the MTD will be considered as the shipment date, only if it is dated
later that the issuance date
C) MTD should evidence shipment on at least two modes of transport
D) None of the above
24 Which of the following Marine bills of lading is/are discrepant
I. L/C calls for shipment from Rotterdam to Rio II. L/C calls for shipment from India to
Grande Malaysia
Pre-carriage Place of receipt Pre carriage Place of receipt
Rotterdam Pune, India

Ocean Vessel Port of loading

Voyager V.77 Mumbai, India
Ocean vessel Port of loading
Sovereign V. 01 Rotterdam Port of discharge Place of delivery
Port Kelang, Malaysia Singapore
Port of discharge Place of Final destination
- Rio Grande On board notation: On board Voyager V.77 on 20
On board notation: On board - 28 Feb 09 Jan 09 at Mumbai
III. L/C calls for shipment from Hamburg to Singapore IV. L/C calls for shipment from Any
Pre – carriage Place of receipt European port to Chennai
Pre – carriage Place of receipt
Intended vessel Port of loading Voyager V. 77 Helsinki, Finland
 Matilda Hamburg
Ocean vessel Port of loading
Port of discharge Matilda Rotterdam
Singapore
Port of discharge
On board notation: Voyager on 02 Mar 09 Chennai
On board notation: Voyager on 01 Mar 09 at
Helsinki
A. I Only
B. I & IV
C. I,II & III
D. All of the above
25 Which of the following statement regarding as Air Waybill is true?
A) Unless otherwise stated in the credit banks will refuse a AWB if it is titled ‘House Air
Waybill’
B) Unless otherwise stated in the credit flight date shown under the heading of “Carrier’s
use only” will be considered as the date of Shipment
C) Unless otherwise stipulated in the credit Air Waybill must evidence that the goods
have been accepted for carriage
D) Unless otherwise stipulated in the credit banks will accept a Air Waybill marked
‘Original for Consignee’
26 Article 27 of UCP 600 refers to banks accepting only clean transport documents. Which of the following
clauses or notations would be considered to express a defective condition of the goods or their packaging
where appearing on the face of a transport document?

I. Packages contain highly flammable material

II. Potentially explosive material
III. A number of oil drums are leaking
IV. Refrigerated fruit, may spoil during voyage
A) I and II
B) II and III
C) I III and IV
D) III only
27 Which of the following is acceptable with respect to original CMR:
I. Copy for Shipper
II. Original for consignor
III. Marked “Copy”
IV. Original document without bearing any marking
A) I & II
B) I,II&III
C) I ,II & IV
D) I & IV
29 Which of the following is acceptable with respect to original CMR except:
I. Must be marked for original for shipper or consignor
II. Full set determined by the number of original document presented
III. Reception stamp date will be shipment date
IV. Signature is not must
A) I & II
B) I,II & III
C) I, II & IV
D) I & IV
30 A Certificate of posting:
A) Can be issued as negotiable
 B) Will always evidence the date of shipment by stamp
C) Must be issued from the place required by the credit
D) Must always be signed or initialed
31 Credit asked for “courier receipt evidencing shipment of goods from XYZ Ltd. Brisbane, Australia and consign
to ABC Ltd, 26 Gulshan Avenue marked freight prepaid. Which of The freight notation appeared on courier
receipt are acceptable:
A) Freight Collect.
B) Freight paid by XYZ
C) Freight paid by the ABC Ltd
D)None of the above
32 Which of the following is a DISCREPANCY?
I. Partial Shipment effected
II. Late Shipment
III. Goods shipped on deck
A) I only
B) I and II
C) I, II and III
D) II& III

33 Which of the following is not defective condition of goods or packages:

A) Packing soiled by content
B) Rusty Iron
C) Blood soaked wrappings
D) Vessel under arrest.
34 Extra LC:
 Shipment: From any Indian Airport to any Chinese Airport
 AWB consigned to order of ABC Ltd evidencing the flight number and date
 Documents: Full set of Airway Bill
 Transhipments: Not allowed
Which of the following documents are ACCEPTABLE under this LC?

I. Full set air waybill showing shipment from Chennai to Chinese Airport, consigned to ABC Ltd. on
Flight 172
II. House air waybill showing shipment from Chennai to Shanghai, consigned to ABC Ltd.
on Flight 172
III. Air waybill showing shipment from Chennai to Shanghai, consigned to order of ABC
Ltd, stating ‘Flight 172’ in Requested Flight’ box
IV. Air waybill marked ‘Original for shipper’ showing shipment from Chennai to Beijing, consigned to
ABC
Ltd. on Flight 171 from MAA to SIN and Flight 173 from SIN to PEK (i.e. using IATA codes).
A) I and II
B) II and III
C) IV only
D) I and IV
35 Which of the following transport document has the capacity to fulfill the following functions:
I. Evidence receipt of goods by carrier
II. Evidence the contract of carriage
III. Title to goods
A) Airway Bill
B) Sea Way bill
C) CMR
D) Bill of lading
36 Which of the following statement is correct?
I. When signed by an owner, the name of the owner must be shown in the Charter party BL.
II. Port of Loading may always be shown as a range of ports in Charter party BLs.
III. Port of Discharge must always be shown as a range of ports in Charter party BLs.
IV. ‘Congen Bill’ is an indication of a Charter party.
A) (I) only
B) (I) and (III)
C) (II) and (III)
D) All
37 LASH stands for-
A. Lighter Aboard Ship
B. Lighter Along Ship
C. Loaded Aboard Ship
D. Loaded Along Ship
38 A credit allowing presentation of Charter Party Bill of Lading states Port of Loading: Any Bangladesh Port
and Port of Discharge: Any Korean Port. A charter party BL has been presented. Which of the
following Charter party BL will be complying regarding port of loading and discharge?
(i) A charter party bill of lading showing port of loading as ‘Any Bangladesh Port’ and port of
discharge as ‘Any Korean Port’
(ii) A charter party bill of lading showing port of loading as ‘Chittagong, Bangladesh’ and port of
discharge as ‘Any Korean Port’
(iii) A charter party bill of lading showing port of loading as ‘Chittagong, Bangladesh’ and port of
discharge as ‘Busan, Korea’
(iv) A charter party bill of lading showing port of loading as ‘Any Bangladesh Port’ and port of
discharge as ‘Busan, Korea’ .
A. (i) only
B. (ii) and (iii)
C. (iii) only
D. All are complying
39 All of the following statements are correct EXCEPT:
A. Transshipment always occurs under Multimodal Transport Documents.
B. When a multimodal transport document is signed by the master, the name
of the master need not be shown.
C. Blank backed Multimodal Transport Documents are acceptable.
D. A Multimodal Transport Document must not remain silent regarding
modes of transport used
40 In which of the following transport documents, carbon copies are acceptable as original transport documents?
A. Post receipt/ Courier Receipt
B. Inland waterway Transport Document
C. Rail way bills
D. Carbon copies are never acceptable as original transport documents
 Simulation : Bill of lading
Swift Input: FIN 700 Issue of a Documentary Credit
Sender : XYZHKKLXXX
XYZ BANK LIMITED
(TRADE SERVICES)
HONG KONG

Receiver : SMBCMYKKXXX
SUMITOMO MITSUI BANKING CORPORATION

MALAYSIA
Message Text
F20: Documentary Credit Number
IM123897CA

F31C: Date of Issue

101018

F40E: Applicable Rules

UCP LATEST VERSION

F31D: Date and Place of Expiry

101209
IN MALAYSIA

F50: Applicant
GMS COMPOSITE KNITTING IND.LTD.
UNIT 26C1, 26/F, UNITED CENTRE, 95 QUEENSWAY,
HONG KONG

F59: Beneficiary - Name & Address

GOLD STAR LTD.,MALAYSIA
P.O BOX NO. 242 INDUSTRIAL CITY 11678

F32B: Currency Code, Amount

USD [ US DOLLAR ]
50,000,00 #50,000,00#

F41D: Available With...By... - Name&Addr

ANY BANK IN MALAYSIA
BY NEGOTIATION

F42C: Drafts at...

90 DAYS FROM THE DATE OF BILL OF LADING

F43T: Transhipment
Prohibited

F44E: Port of Loading/Airport of Dep.

SIBU, MALAYSIA

F44F: Port of Dischrge/Airport of Dest

HONG KONG

F44C: Latest Date of Shipment

101118
 F45A: Descriptn of Goods &/or Services
10,000 MT CHEMICALS AT USD5.00/MT
TRADE TERMS: CFR,HONG KONG

F46A: Documents Required

1.FULL SET OF BILLS OF LADING DRAWN

TO THE ORDER OF ISSUING BANK
SHOWING FREIGHT PREPAID AND MARKED
NOTIFY APPLICANT.

F46A: Additional Condition

1 BILL OF LADING INDICATE NAME,

ADDRESS AND CONTACT DETAILS OF A
DELIVERY AGENT AT PORT OF
DISCHARGE.

2. COSTS ADDITIONAL TO FREIGHT ARE

NOT ACCEPTABLE

F48: Period for Presentation

21 DAYS FROM THE DATE OF SHIPMENT
BUT WITHIN THE VALIDITY OF THIS CREDIT.
Shipper COMBINED TRANSPORT BILL OF LADING
GOLD STAR LTD.,MALAYSIA
P.O BOX NO. 242 INDUSTRIAL CITY 11678
B/L No.:123 456 789
Consignee(To Order) Carrier
XYZ Bank Ltd. APL INTERNATIONAL CO.,LTD
Hong Kong 25,OCEAN CENTRE,UK

Notify Party Delivery Agent:

GMS COMPOSITE KNITTING IND.LTD. XYZ Logistics
UNIT 26C1, 26/F, UNITED CENTRE 7265, Bahrain
Hong Kong
Pre- Carriage Place of Receipt Port Of Discharge Final Destination
Vessel N Sibu, Malaysia Hong Kong
Ocean Vessel Port of Loading FREIGHT PREPAID
Vessel L Sibu, Malaysia
Package/Marks Description Of Goods Gross Wt
CONTAINER NO./SEAL 10,000 MT CHEMICALS AT USD5.00/MT 10,000,000 KGS
GOODS HAVE PACKED IN 20 KG CARTONS

FIOS SHIPPED ON BORAD

SHIPMENT IN BULK VESSEL N AT SIBU
SECONDHAND CARTOON USED 18.11.2010
PART LOAD WITH BILL OF LADING 123456798,NO SEPARATE DELIVERY
TRANSHIPMENT VIA BINTULU ON VESSEL L
CARRIER RESERVE THE RIGHT TO TRANSSHIP
SHIPPED in apparent good order and condition for carriage to the
final destination.
weight measure, quality, condition, contents and value unknown
IN WITNESS whereof the master or the agent of the said vessel has Signature
signed the number of bills of lading.

APL INTERNATIONAL CO.,LTD HONG KONG BR

NO OF B/L ISSUED :03 ORIGINAL

Discrepancy List: Identify FIVE discrepancies out of ten stipulated below:

01 BILL IS NOT SIGNED ACCORDING TO ARTICLE 20(a) (i) of UCP 600

02 PART LOAD WITH BILL OF LADING 123 456 798 NO SEPARATE DELIVERY

03 BILL OF LADING INDICATE CARRIER RESERVE THE RIGHT TO TRANSHIP

04 ON BOARD NOTATION IS NOT COMPLIED

05 BILL OF LADING EVIDENCE COSTS ADDITIONAL TO FREIGHT

06 DELIVERY AGENT ADDRESS IS NOT AT THE PROT OF DISCHARGE

07 CLAUSE BILL OF LADING PRESENTED [SECONDHAND CARTOON USED]

08 NOTITY PARTY IS NOT AS STATED IN THE CREDIT

09 PORT OF DISCHARGE IS NOT MENTIONED

10 TRANSHIPMENT HAS TAKEN PLACE EVEN IF CREDIT PROHIBATED TRANSHIPMENT