Chapter 6 Quantity of Goods

1、Chapter 6 Quantity of GoodsQuantity of goods Introduction Units of Measurement Quantity Clause in the Contract Case Study1. Introduction Definition Of Quantity The quantity of the goods refers to the weight, number, length, volume, area, capacity, etc. which are indicated by different measuring unit

2、s.2. Units of Measurement Measurement System Measurement Units Calculation of Weight2.1 Measurement System The Metric System(公制) The British System(英制) The U.S. System(美制) International System of Units (IS)(国际单位制) e.g.: metric ton=1000 kilos, (British) long ton=1016 kilos (American) short ton=907 ki

3、los Products Natural products and part of industrial products, such as wool, cotton, wheat, mineral products, oil, salt, medicine, etc. Measuring Units Kilogram(kg); ton(t); metric ton(m/t); quintal(公担q); gram(gm); pound(lb); ounce(oz); long ton(l/t); short ton(s/t) etc. Products Daily industrial pr

4、oducts and general products, such as stationery, paper, toys, clothes, cars, tractors, live animals, etc. Measuring Units Piece(pc); package(件pkg); pair; set; dozen(doz); gross(gr); ream(令rm); roll or coil(卷); unit(辆); head; case; bale; barrel or drum; bag, etc. Products Textiles; ropes; cables, etc

5、. Measuring Units Yard(yd); metre(m); foot(ft); centi-metre(cm). Products Leather products, plastic products, etc., such as plastic canvas; plastic floor; leather; iron net, etc. Measuring Units Square yard(yd2); square metre(m2); square foot(ft2); square inch. Products Chemical gas; wood, etc Measu

6、ring Units Cubic yar(yd3); cubic metre(m3); cubic foot(ft3); cubic inch Products Corn, liquid, gas, etc., such as wheat, corns, petrol, alcohol, beer; natural gas, etc. Measuring Units Litre(l) gallon(gal) bushel(bu), etc.蒲式耳(谷物计量单位; 美国 Winchester bushel=35.238 升, 英国 Imperial bushel=36.368 升) Defini

7、tion: The gross weight refers to the weight of the cargo itself plus the tare, i.e, commodity + tare（Gross for Net）(以毛重作净重 ) Products: Low value products Definition: The net weight is the actual weight of the goods, i.e., Gross weight tare Products: Products measured by weight is usually measured by

8、 Net Weight Calculation of Tare By actual tare or real tare(实际皮重): The actual weight of the package. By average tare(平均皮重): an average tare of a part of the commodity By customary tare(习惯皮重): Certain standard package has a generally recognized weight. By computed tare(约定皮重): The tare previously agre

9、ed upon by the seller and buyer Definition: This refers to the kind of weight derived from the process, with which the moisture content of the commodity is removed and standardized moisture added both by scientific methods Products: Raw silk and wool, which are of high economic value and with unstea

10、dy moisture content Calculation of Conditioned Weight Calculation of Conditioned Weight (公量的计算) C.W.=Commodity Net Weight (1+Recognized Moisture Rate) (1+Actual Moisture Rate)Case Analysis e.g.: When a company exported raw silk, both buyer and seller stipulated that standard moisture rate was 11%. N

11、ow there was 105 metric ton of raw silk. By measurement, they found out the moisture rate was 9%. What is the Conditioned Weight of the raw silk? C.W.=Commodity Net Weight (1+Recognized Moisture Rate) (1+Actual Moisture Rate) C.W=105 (1+0.11) (1+0.09)=106.93(m.t.) Definition: Commodities that have r

12、egular specifications and regular size, such as tin plate, steel plate, etc. are often subject to the use of theoretical weight. Definition: This refers to the weight of commodities, plus the weight of inner packaging. Application: Legal weight is the calculation for the basis of imposing Specific D

13、uties(从量税) Stipulation of Quantity Clause More or Less Clause Approximately or About Article 53, Item 2 in “United Nations Convention on Contracts of International Sales of Goods” If the seller delivers a quantity of the goods greater than that provided for in the contract, the buyer may take delive

14、ry or refuse to take delivery of the excess quantity. If the buyer takes delivery of all or part of the excess quantity, he must pay for it at the contract rate.案例：信用证中溢短装条款引起的争议案 19981998年年1010月月1515日由英国一家银行开给农产品进出口公司一日由英国一家银行开给农产品进出口公司一张信用证。信用证有关数量条款如下：张信用证。信用证有关数量条款如下：“总金额总金额918 000918 000美美元元 1

15、800 1 800吨，数量允许吨，数量允许5%5%增减。圆粒白大米，每吨增减。圆粒白大米，每吨510510美元，美元，CIFCIF利物浦。利物浦。”农产品进出口公司接到信用证后即备货，于农产品进出口公司接到信用证后即备货，于1010月月2525日日全部货物装运完毕，并备妥单据向议付行交单办理议付。全部货物装运完毕，并备妥单据向议付行交单办理议付。议付行经审单后不同意议付，其理由为议付金额超出信用议付行经审单后不同意议付，其理由为议付金额超出信用证总金额。信用证规定总金额为证总金额。信用证规定总金额为USD918 000USD918 000，发票和汇票，发票和汇票金额却为金额却为USD945 5

16、40USD945 540，超额，超额USD27 540USD27 540。为什么。为什么? ? 怎么办怎么办? ?(Note: payment by L/C requires that all the documents (Note: payment by L/C requires that all the documents should be in conformity with the L/C clause)should be in conformity with the L/C clause)27Review chapter 6Write down and remember defin

17、itions in this chapter( More or Less Clause ; customary tare; computed tare; conditioned weight) Group Work: the above Case studyExercises: P132 IExercises belowPreview chapter 7. Monomial ChoiceCotton、raw silk、wool usually adopt（ ）A.net weight B. gross weightC.conditioned weight D. theoretical weig

18、ht2. 箩、令、打等计量单位一般用于（ ）A.SALE BY QUANTITY B.SALE BY WEIGHTC.SALE BY LENGTH D.SALE BY AREA3. 美国用来计量谷物的单位是（ ） A.LITER B.GALLON C.BUSHEL D.YARD4. Steel plate、galvanized iron (马口铁) usually adopt（ ） A.NET WEIGHT B.GROSS WEIGHT C.CONDITIONED WEIGHT D.THEORETICAL WEIGHT5. If the contract doesnt stipulate the weight, we will consider the goods can be calculated by ( ) A. GROSS WEIGHT B. NET WEIGHT C. GROSS FOR NET D.CONDITIONED WEIGHT6. For the goods that has