◼ 1.To learn the most commonly used instruments of payment– bill of exchange, promissory note and cheques. ◼ 2.To learn the methods of payment in international trade– remittance, collection, letter of credit and bank guarantee
◼ 1.To learn the modes of transport,esp. ocean transportation. ◼ 2.To understand the nature of liner transport ◼ 3.To understand the various kinds of B/L ◼ 4.To understand the contents of transport clause
