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. claused bill of lading
B. dead freight
C. demurrage
D. clean bill of lading
C
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The Uniform Commercial Code (UCC) gives the parties great flexibility in deciding between themselves how a contract will be performed.
Answer the following statement true (T) or false (F)
Which of the following scenarios is the best example of indiscretion while interacting with customers? A. Jack, the receptionist at an office, apologizes to a visitor that the manager is late for theappointment, and offers the visitor coffee and magazines
B. Janet, a receptionist at a doctor's clinic, informs a patient that the doctor is delayed insurgery and will be an hour late for the appointment. C. Rebecca, a flight attendant, makes conversation with a passenger about the failingfinancial prospects of the airline. D. Derek, the front desk executive at a hotel, tells a salesperson that he cannot make decisions about purchases but will contact someone who can.
In some states, the courts prefer to rely on traditional notions of fraud, undue influence, and duress rather than the concept of unconscionability
Indicate whether the statement is true or false
Brent loans Manuel $1,600 on his oral promise to repay the loan in three annual installments. Most courts would hold Manuel's promise is unenforceable under the one-year provision of the statute of frauds
Indicate whether the statement is true or false