of its overall insurance business. Number of premiums written in South Korea automobile insurance industry has grown at a rate of more than 18 percent since 1983 when monopolized South Korean insurance market was made accessible to liability and property insurance companies. There are certain important factors behind this quick rise of automobile insurance industry of South Korea like sudden incr
A. What are the principal activities of your company?
The Group's principal activity is providing air transportation service as the Republic of Korea's national flag carrier. Other activities include providing aircraft maintenance and engineering services, and the sale of duty-free goods. It is also involved in providing in-flight meals for third parties. In addition to passenger transportati
of companies.
2. Motivations for Selection of Southwest and Jetblue
During class, the accounting item that made our group member was adjusting entries. In class, the professor kept mentioned air travel tickets as the example of accrued revenues. Therefore, we all agreed to choose airline companies. At first, we talked about major international airlines. However, during further research, we
Article 1 Application of UCP 600
The Uniform Customs and Practice for Documentary Credits, 2007 Revision, ICC Publication no. 600 ("UCP") are rules that apply to any documentary credit("credit") (including, to the extent to which they may be applicable, any standby letter of credit) when the text of the credit expressly indicates that it is subject to these rules. They are binding on all parti
Characteristics of B/L
① singed by carrier confirming goods
in the contract has been received in a
good condition
② can insist the delivery or receive of
the good(a document title-권리증권)
③ an evidence of carriage contract
④ a valuable instrument(유가증권)
① Shipping Request/Application (선적신청서)
- after oral contract, should include ‘items,