International Trade — OCM STD 11 Commerce — Question
Gujarat BoardEnglish MediumSTD 11 CommerceOCMInternational Trade3 Marks
Question
"Sometimes the captain of the ship issues foul receipt." - Explain the statement.
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Answer
When the exporter pays the amount of transportation of goods, dock charges, loading expense etc. it is called 'carting order'.
Then after the captain of the ship or his representative who is known as 'mate', checks whether the goods are according to the shipping bill.
Then he issues the receipt of acceptance of goods. It is called 'mate receipt'.
If the packing of the goods for transportation is not up to the instruction given then he remarks on the receipt. "Goods are not proper for transportation".
This receipt with such note is called 'Foul Receipt' or 'Dirty Chit'. The meaning of this foul chit is very clear that the packing of the goods transported through ship is not as per order.
The shipping company will not be held responsible for the damage to goods during marine transportation.
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