【正文】 1)Which of the following risks are covered by the All Risks coverage of PICC Ocean Marine Cargo Clauses？ A. war and fire B. strike and delayC. aflatoxin and on deck D. heavy weather and fire whether the following statements are true or false1) An insurance contract is essentially a contract between the insurer and the insured. ( )2) The amount of money the insurer agrees to cover by insurance against the subject matter is the insured amount, which is normally 110% of CIF value of the consignment. ( ) 3) Under CIF term, the seller has to procure insurance against the buyer’s risk of loss of or damage to the goods during the carriage. ( ) 4) FPA coverage does not include total losses resulting from specific accidents, like an earthquake. ( ) 5) Special additional coverage such as war risks, strikes and so on must be taken out together with . .. or . ( ) 6) General average and salvage charges are covered both in FPA and WA coverage. ( ) 7) . does not cover risks of war and special additional risks but cover the general additional risks. ( ) 8) Three types of risks are covered by ocean marine insurance, namely the perils of the sea, the extraneous risks and the force majeure. ( )9) If you have insured your goods against ., you will get pensated whatever risks occurs to your goods. ( )10) . covers all losses and damages to the goods caused by perils of the sea and extraneous risks.11)Ocean marine insurance covers two types of losses, partial loss and total loss. ( ) 12)Partial loss or damage is never recoverable with WA. ( ) 13)In ocean marine insurance, general average is to be borne by the carrier, who may, upon presentation of evidence of the loss, recover the loss from the underwriter. ( ) 14)In ocean marine insurance, the assured can recover more than actual loss provided that he can provide evidence of further losses contingent on the actual loss. ( ) Chapter 81. Review and Discussion Questions 1) Why must there be the inspection clause in international trade contracts? What does the inspection clause generally include? 2) Please explain the three major ways of stipulating the place and time of inspection. 3) How disputes are settled in international trade？ 4) What are some of the major characteristics of a force majeure event? 5) Please give examples of three ways to set the scope of force majeure. 6) Why is arbitration a monly used settlement of disputes in international trade? the right answer from each of the following.1. The necessary precondition of settling disputes by arbitration is that_______. A. there must be a sales contract between the disputing parties B. there must be an arbitration agreement between the disputing parties C. there must be mediation taking place first D. there must be litigation taking place first 2) Which of the following statements is not true about a force majeure event? A. A force majeure event may occur before the conclusion of the contract B. A force majeure event may lead to cancellation of the contract or delayed performance of the contract C. A force majeure event can be caused by natural forces D. A force majeure event can be caused by social forces 3) The most widely used way of stipulating the place and time of inspection in the contract is _______. A. shipping quality and weight B. landed quality and weight C. inspection at the port of shipment and reinspection at the port of destination D. shipping quantity and landed quality 4) The award of arbitration is usually ______. A. final B. not binding on all parties C. amendable D. rejective5) Which of the following events is usually stipulated in the contract as force majeure? A. war B. rise of price C. manufacturer’s refusal to supply to the seller D. late delivery 6) Generally, there is/are _____ way(s) to stipulate “force majeure” clauses. A. 1 B. 2 C. 3 D. 4 7) Which of the following is governmental inspection body? _______ A. Underwriter’s Laboratory B. Lloyd’s Surveyor C. Food and Drugs Administration D. Societe General De Surveillance 8) Which of the following is not true about the features of arbitration? _____ A. The litigants should submit themselves voluntarily to an arbitrator. B. An arbitration agreement in written form between the parties concerned is prerequisite for arbitration. C. The aware is final and binding on both parties. D. Once the arbitration body is chosen, there is no need to stipulate the rule of arbitration procedure in the arbitration agreement because the rule of the arbitration body is applicable3. Decide whether the following statements are true or false1) For one contract, only one method and one standard should be used to ensure consistency in inspection. ( )2) Arbitration can be used to settle criminal cases as well as civil cases. ( )3) Usually an arbitration tribunal can consist of one, two or three arbitrators. ( )4) An arbitration award must be in written form with or without explanations or reasons. ( )7) When the departure term (EXW) is used, the modity should be inspected at the factory or warehouse where the delivery is made. ( )8) If shipping quality is used in inspection, the inspection must be conducted at the seller’s factory only. ( ) 9) The party who suffers a force majeure event can decide to terminate the contract without notice to the other party. ( )10) All inspection bodies are governmental. (