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Question 1
A receipt listing the commodities that have been deposited at a warehouse. It is not negotiable if it limits delivery to a certain person or company, but it is if it is made out to the order of one of those parties or to a bearer.
Correct Answer:
Warehouse Receipt
Question 2
A word used in insurance that denotes coverage for partial loss or damage to goods. Many clauses stipulate a minimum amount of damage before payment before specifying that the damage must typically be caused by sea water. It can be increased to cover theft-related losses, or pilferage.
Correct Answer:
With Particular Average (WPA)
Question 3
The name of a common clause found in maritime treaties that exempts the parties from fulfilling their duties due to uncontrollable events like earthquakes, floods, or war.
Correct Answer:
Force Majeure
Question 4
A route for transporting import and export commodities between ports and inland locations
Correct Answer:
Inland Carrier
Question 5
A catchall phrase for any table of costs or rates. The tariffs of international transportation firms that operate on land, sea, and in the air, as well as the tariffs of international cable-radio-television providers, are those that are encountered most commonly in international trade.
Correct Answer:
Tariff
Question 1
Exam overview

About this Exam

Prepare with the Vskills Certificate in Ocean Freight practice quiz. This question bank includes 50 questions covering freight, ocean, cargo, insurance, and damage. Use it to review important concepts, identify knowledge gaps, and build confidence for the related exam, course, or assessment.

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Vskills Certificate in Ocean Freight

This practice set contains 50 questions from the matching question bank and focuses on freight, ocean, cargo, insurance, and damage. Work through each question carefully, review the provided solutions, and revisit topics that need more study before your next attempt.

This is an independent study resource intended for practice and review; it is not an official examination or an endorsement by any organization named in the title.

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