GISTnet Tips: 2001-03-21

General:
When you give a shipment to a trucker are you aware of what the carrier's
legal liability limit is for loss or damage to the cargo?  See GISTnet
text: "Carrier-to-Shipper Relationship" (Common Carriage vs. Contract
Carriage) at http://www.gistnet.com/sub/text/2:q90.html, and in particular
"Common Carriage Masquerading as Contract Carriage"
http://www.gistnet.com/sub/text/2:q90.html#2:4-1-54.

Customs Brokers/Importers:
Do you know what types of commissions are dutiable and which are not? See
GISTnet glossary at:
http://www.gistnet.com/sub/glossary/selling_commission.html.

Freight Forwarders/Exporters:
Have you ever wrestled with a negotiating bank over an L/C discrepancy?
Increase your understanding of L/Cs  --  begin with the GISTnet glossary at:
http://www.gistnet.com/sub/glossary/letter_of_credit.html, which also
provides links at the bottom back to sections of our text.  Also, review
"Letter of Credit Processing Steps"
http://www.gistnet.com/sub/text/2:k249.toc.