International Trade — OCM STD 11 Commerce — Question
Gujarat BoardEnglish MediumSTD 11 CommerceOCMInternational Trade3 Marks
Question
Why the exporter does not accept foul mate receipt ?
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Answer
The exporter does not accept foul mate receipt when the goods are placed on the ship, the packing of the goods is not proper as per requirement or it is faulty, then the captain of the ship who issues the receipt writes a special note that the goods are not packed properly.
This note is written in the bill of lading too. If the goods are damaged during voyage, it is quite difficult for exporter to obtain claim from insurance company.
So the exporters do not prefer foul mate receipt.
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