One Chinese company imported a batch of goods from America on CFR Shanghai basis. Payment was made b

Question : Should the Chinese company compensate the American trader for the loss？ Why？

Question: Is it reasonable for the buyer to do so？ Why？

(Translate the case into Chinese and then answer the question)

Helpful hint: The case is mainly about the CIF term.

write a job-application letter after reading the following advertisement.

Marketing Assistant

HaiSports is a new joint venture company, founded by the Shanghai-based sports firm Shanghai Sports & Leisure Company and the well-known British sports company Westminster Sports．HaiSports aims to sell high-quality sports equipment to both the Chinese and international markets.

There is an exciting opportunity for three new marketing assistants to join the HaiSports team．You will be responsible for helping to turn HaiSports into one of the most reputable brands in the sports equipment marketplace．You will have an active role in putting together and implementing our international marketing strategy.

You will have:

A university degree in a marketing-related discipline or at least two years of work experience in a marketing role.

Starting salary: 6000 RMB per month

Benefits: As a HaiSports employee you will be entitled to a 40 percent discount on all HaiSports products; plus other benefits.

Please send your CV and a covering letter to:

Grace Zhou

HaiSports

Penglai Lu

Shanghai 200805

Job Advertisement on Marketing Assistants

Marketing Assistant

HaiSports is a new joint venture company, founded by the Shanghai-based sports firm Shanghai Sports & Leisure Company and the well-known British sports company Westminster Sports．HaiSports aims to sell high-quality sports equipment to both the Chinese and international markets.

There is an exciting opportunity for three new marketing assistants to join the HaiSports team．You will be responsible for helping to turn HaiSports into one of the most reputable brands in the sports equipment marketplace．You will have an active role in putting together and implementing our international marketing strategy.

You will have:

A university degree in a marketing-related discipline or at least two years of work experience in a marketing role.

Starting salary: 6 000 RMB per month

Benefits: As a HaiSports employee you will be entitled to a 40 percent discount on all HaiSports products; plus other benefits.

Please send your CV and a covering letter to:

Grace Zhou

HaiSports

Penglai Lu

Shanghai 200805

Question: According to United Nations Convention on Contracts for the International Sale of Goods, can the customer revoke the telex reply of October 27 and accept our original offer？ Is this deal concluded？

(Translate the case into Chinese and the answer the question)

Helpful hint: This case is mainly about the offer and counter-offer.

Please examine the attached documents against the following credit.

Exchange for USD103, 300. 90 Tianjin, 18 Dec., 200×

At sight pay to the order of Bank of China the sum of US dollars one hundred and three thousand three hundred

only

Drawn under the Bank of Tokyo Ltd., Tokyo L/C No. LS0603874 dated 20 Oct., 200×

To the Bank of Tokyo Ltd., For China National Native Produce & Animal By -

products Imp. & Exp. Corp., Tianjin Animal

Osaka By-products, Branch, Tianjin

SignatureManager

INVOICE Date: 1 Dec., 200×

Contract No. JWG003

Inv. No. BP20076778

Shipped from Hsinkang per steamer to Kobe

Sold to Messr. Okura & Co. Ltd., Osaka

Marks & Nos.Amount

C G 10 bales Chinese White Deheired

318 Goatswool KVT02

KOBE at USD115. 42 per kg. CIF Kobe USD103. 300. 90

No. 1-10 as per Contract No. JWG003

Import Declaration No. ID (0) J(2) 10884 and

Buyer's Ref. No. OUC-1298000

Drawn under The Bank of Tokyo Ltd. Osaka

L/C No. LS0603874 dated 20th Oct., 200× (in triplicate)

PACKING LIST

Packed in bale

Cross Weight 995kg.

Net Weight 895 kg.

CERTIFICATE OF ORIGIN

We hereby certify that the above mentioned goods

are of Chinese Origin.

CHINA NATIONAL NATIVE PRODUCE & ANIMAL

BY-PRODUCTS IMP. & EXP. CORP., TIANJIN

ANIMAL BY-PRODUCTS BRANCH, TIANJIN

signature

THE PEOPLE'S INSURANCE COMPANY OF CHINA

INSURANCE POLICY

INVOICE NO. BP20076778 POLICY No. TT02391

This policy of insurance witnesses that the People's Insurance Company of China (hereinafter called "The

Company") at the request ofChina National Native Produce & Animal By-products Imp. & Exp. Corp.,

Tianjin Animal By-products Branch Tianjin(hereinafter called the "insured") and in consideration of the

agreed premium paying to the company by the insured, undertakes to insure the undermentioned goods in trans-

portation subject to the conditions of this Policy as per the clauses printed overleaf and other special causes atta-

ched herein

Total amount insured: US dollars one hundred and thirteen thousand six hundred and thirty one only

Premiumas arrangedrateas arrangedPer conveyance s. s. "HENGSHUI" sailing on or about5 Dec., 200×

fromHsinkangtoKobe

Conditions:

Covering W. A. and War Risks as per Ocean Marine Cargo Clauses and War Risks Clauses of The People's In-

surance Company of China subject to C. I. C. dated January 1, 1981.

Claim if any, payable on surrender of this Policy together with other relevent documents.

In the event of accident whereby loss or damage may result in a claim under this policy, immediate notice apply-

ing for survey must be given to the Company's Agent as mentioned hereunder:

The Sumitomo Marine & Fire Insurance Co. Ltd., Kobe Branch, Kobe.

Claim payable in Japan in USD

Date:17 Dec., 200×

THE PEOPLE'S INSURANCE COMPANY OF CHINA, TIANJIN BRANCH

(IN duplicate)signature

(This policy has been endorsed in blank by the insured.)

A Chinese company is going to()over the well-known Japanese company TOSHIBA Corporation.

A. get

B. take

C. turn