GISTnet Tips: 2001-07-11
General:
Do you know what "adverse selection" is? If you issue insurance under a
marine open cargo insurance policy, this is "must read" information. See
the GISTnet glossary at:
http://www.gistnet.com/sub/glossary/adverse_selection.html.
Customs Brokers/Importers and Freight Forwarders/Exporters:
Both import and export transactions require disclosure of the "ultimate
consignee". See the GISTnet glossary at
http://www.gistnet.com/sub/glossary/ultimate_consignee.html.
Whenever you go to the glossary, follow the further links within the
definitions to gain fullest understanding.