Question 1

Which of the following terms refers to a charge made by a shipowner when a charterer keeps a ship idle for more than the agreed-upon number of lay days?

Accepted Answer

A)  claused bill of lading 
B)  dead freight 
C)  demurrage 
D)  clean bill of lading 
A)  claused bill of lading 
B)  dead freight 
C)  demurrage 
D)  clean bill of lading

Question 2

A conference line is an association of seagoing carriers that have joined together to offer common freight rates.

Accepted Answer

A) True 
 B)False

Question 3

A ________ is a contract to hire an entire ship for a particular voyage or for a period of time.

Accepted Answer

A)  maritime lien 
B)  claused bill of lading 
C)  straight bill of lading 
D)  charterparty 
A)  maritime lien 
B)  claused bill of lading 
C)  straight bill of lading 
D)  charterparty

Question 4

A partial loss is known in the marine insurance industry as a particular average.

Accepted Answer

A) True 
 B)False

Question 5

Which of the following trade terms means that the seller has an obligation to deliver the goods to a named place for transfer to a carrier?

Accepted Answer

A)  ex works 
B)  dead freight 
C)  free 
D)  demurrage 
A)  ex works 
B)  dead freight 
C)  free 
D)  demurrage

Question 6

Differentiate between a conference line and an independent line.

Accepted Answer

A conference line is an association of s

Question 7

Differentiate between a clean bill of lading and a claused bill of lading.

Accepted Answer

A clean bill of lading is a bill of ladi

Question 8

In civil law countries, the lien exists against the owner as a debtor.

Accepted Answer

A) True 
 B)False

Question 9

Which of the following documents provided by a seller represents cost?

Accepted Answer

A)  bill of lading 
B)  air waybill 
C)  invoice 
D)  insurance policy 
A)  bill of lading 
B)  air waybill 
C)  invoice 
D)  insurance policy

Question 10

A ________ is a contract to hire an entire ship for a particular duration.

Accepted Answer

A)  time charterparty 
B)  voyage charterparty 
C)  maritime lien 
D)  codicil 
A)  time charterparty 
B)  voyage charterparty 
C)  maritime lien 
D)  codicil

Question 11

Which of the following terms refers to a charge or claim against property that exists to satisfy some debt or obligation?

Accepted Answer

A)  lien 
B)  demurrage 
C)  certiorari 
D)  dead freight 
A)  lien 
B)  demurrage 
C)  certiorari 
D)  dead freight

Question 12

Which of the following terms refers to a loss to a ship or its cargo that is not to be shared in by contributions from all those interested, but is to be borne by the owner of the injured thing?

Accepted Answer

A)  dead freight 
B)  maritime lien 
C)  general average 
D)  particular average 
A)  dead freight 
B)  maritime lien 
C)  general average 
D)  particular average

Question 13

The Himalaya Clause says that only persons who are a party to a contract may enforce its provisions.

Accepted Answer

A) True 
 B)False

Question 14

Dead freight is a charge imposed on a charterer when a chartered ship has less than a full load.

Accepted Answer

A) True 
 B)False

Question 15

Which of the following is true of res in civil law countries?

Accepted Answer

A)  The res is seized without prior notice to the owner. 
B)  The res is not regarded as something distinct from its owner. 
C)  Maritime lien associated with a res requires separate possession. 
D)  The res itself can be liable for the owner's breach of contract. 
A)  The res is seized without prior notice to the owner. 
B)  The res is not regarded as something distinct from its owner. 
C)  Maritime lien associated with a res requires separate possession. 
D)  The res itself can be liable for the owner's breach of contract.

Which of the following terms refers to a charge made by a shipowner when a charterer keeps a ship idle for more than the agreed-upon number of lay days?

A conference line is an association of seagoing carriers that have joined together to offer common freight rates.

A ________ is a contract to hire an entire ship for a particular voyage or for a period of time.

A partial loss is known in the marine insurance industry as a particular average.

Which of the following trade terms means that the seller has an obligation to deliver the goods to a named place for transfer to a carrier?

Differentiate between a conference line and an independent line.

Differentiate between a clean bill of lading and a claused bill of lading.

In civil law countries, the lien exists against the owner as a debtor.

Which of the following documents provided by a seller represents cost?

A ________ is a contract to hire an entire ship for a particular duration.

Which of the following terms refers to a charge or claim against property that exists to satisfy some debt or obligation?

Which of the following terms refers to a loss to a ship or its cargo that is not to be shared in by contributions from all those interested, but is to be borne by the owner of the injured thing?

The Himalaya Clause says that only persons who are a party to a contract may enforce its provisions.

Dead freight is a charge imposed on a charterer when a chartered ship has less than a full load.

Which of the following is true of res in civil law countries?

Introduction to International and Comparative Law

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Exam 11: Transportation

Which of the following terms refers to a charge made by a shipowner when a charterer keeps a ship idle for more than the agreed-upon number of lay days?

A conference line is an association of seagoing carriers that have joined together to offer common freight rates.

A ________ is a contract to hire an entire ship for a particular voyage or for a period of time.

A partial loss is known in the marine insurance industry as a particular average.

Which of the following trade terms means that the seller has an obligation to deliver the goods to a named place for transfer to a carrier?

Differentiate between a conference line and an independent line.

Differentiate between a clean bill of lading and a claused bill of lading.

In civil law countries, the lien exists against the owner as a debtor.

Which of the following documents provided by a seller represents cost?

A ________ is a contract to hire an entire ship for a particular duration.

Which of the following terms refers to a charge or claim against property that exists to satisfy some debt or obligation?

Which of the following terms refers to a loss to a ship or its cargo that is not to be shared in by contributions from all those interested, but is to be borne by the owner of the injured thing?

The Himalaya Clause says that only persons who are a party to a contract may enforce its provisions.

Dead freight is a charge imposed on a charterer when a chartered ship has less than a full load.

Which of the following is true of res in civil law countries?

Introduction to International and Comparative Law

State Responsibility and Environmental Regulation

Dispute Settlement

The Multinational Enterprise

Foreign Investment

Money and Banking

Trade in Goods

Services and Labor

Intellectual Property

Sales

Financing

Filters