Discuss the following:
Q1. Why would an entity use a freight forwarder for their shipping needs?
Q2. A US entity is having goods made overseas. The cost of making each one of these items is about $500.00 US. The US entity needs to have the items shipped here to the US. As such does the shipping carrier that the US entity needs to use have unlimited liability in the event of a loss? Can the parties agree to higher liability exposure on the part of the shipper? Elaborate.
Q3. What are three things you will learned as a result of taking International Business Law course.