
Transportation Risk Management (CH.7)
Authored by Walaa Rezk
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University
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26 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
------------------------- is a contract between a ship-owner and the charterer (renter) in which the ship-owner agrees to give the charterer use of the whole or part of the ship for the carriage of goods on specified voyages.
Transportation management system.
A contract of affreightment.
A) Intermodal transportation.
B) International transportation.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In terms of COA, The charterer agrees to pay a specified price, called ---------------, for the carriage of the goods or the use of the ship.
Demurrage
Freight
Laytime
Charter hire
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
According to contract of Affreightment, the obligation of the owner to provide a seaworthy ship is absolute, this refer to:
Nature of the obligation.
The obligation not to ship dangerous goods.
Obligation not to deviate from the agreed route.
The obligation to nominate a safe port.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In a contract of affreightment, the charter may be given the right to nominate from a range of ports listed in the charter, this refers to:
The obligation to nominate a safe port.
Nature of the obligation.
Obligation not to deviate from the agreed route.
Obligation of reasonable dispatch.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
According to contract of Affreightment, there is an implied obligation to complete the performance within a reasonable time, this refers to:
The obligation to nominate a safe port.
Nature of the obligation.
Obligation not to deviate from the agreed route.
Obligation of reasonable dispatch.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
One of the following contracts used to divide transaction costs and responsibilities between buyer and seller.
INCOTERMS
Reinsurance
Insurance
Affreightment
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
----------------- set out to establish the responsibilities and obligations of both the buyer and the seller when they become involved in an international commercial transaction.
INCOTERMS
Reinsurance
Insurance
Affreightment
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