1. to be subject to many risks
2. sink
3. collide -
4. consignment ,
5. to obtain indemnity
6. warehouse ()
7. the insurance covers the risks of : ,
8. burglary
9. pilferage
10. leakage
11. other risks may also be covered :
12. to refer to something -
13. general average
14. particular average
15. to affect something -
16. to incur losses
17. contingency
18. circumstances beyond the Sellers control ,
19. to fulfil the obligations under the Contract
20. notify smb of smth - -
21. in due time
22. to fail to do smth -
23. they are denied the right to refer to these circumstances
24. to submit ,
25. to this effect ,
26. duration ,
II.
1.
2.
3. - (, , ); (, , ) .
4. - , .
5. , .
III.
1. What is the idea of insurance?
2. What risks can the goods be insured against?
3. What are the particular average and the general average?
4. What must the Sellers do in case of a contingency?
5. What does the certificate issued by the Chamber of Commerce testify and describe?
6. What happens if the Sellers fail to notify the Buyers of a contingency?
IV. ,
1. The price of the goods is to be indicated in the contract.
2. The goods were not delivered on time because the plant was heavy with orders.
3. Are the compressors still being tested?
4. The notification of readiness has not been sent to the Buyers yet.
5. The equipment had been shipped by last week.
6. The Seller is responsible for any damage to the goods that may be caused by poor packing.
7. What risks will the goods be insured against?
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8. Different exhibitions are held in our country every year.
V. .
1. We regularly place orders with this company.
2. They have just signed a contract.
3. Last year Belvar established business relations with some foreign companies.
4. The contracting parties are discussing the terms of the contract.
5. Will you reserve accommodation in advance?
6. They are to determine the quality of the goods by standard, by sample or by description.
7. Could the Seller clarify this matter?
8. The Sellers were showing the Buyers round their premises.
VI. , .
1. 50 .
2. .
3. ?
4. .
5. .
