What is a charterparty?

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A charterparty is a contract for the hire of an entire ship for a particular voyage or a set period of time. Oil, sugar, grain, ores, coal, and other bulk commodities are almost always shipped under such contracts. The Hague and Hague-Visby Rules do not apply to charterparties unless a bill of lading issued by the shipowner comes into the hands of a third party. The charterer and the owner are free to set the terms of their contract, and commonly they use standardized contracts drafted at various conferences and known by such code names as Baltime and Gencon.

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An investor earns dividends of $360.27 during the course of the year. At the end of the year, the stock is worth $10,700. If the dividend yield on the stock over the year was calculated at 4%, the approximate worth of the stock at the beginning of the year was

A. $9,007. B. $9,457. C. $9,907. D. $10,357.

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A marketing research firm has instructed its research associates to collect primary data by stopping people at a shopping mall or busy street corner and request an interview on the spot. What are the drawbacks of using this method?

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This question contains two parts; be sure to answer both. First, define the concept of media richness, explaining which forms of media are richer, which are less rich, and why. Next, suppose that you manage a local branch of the U.S. Post Office. You need to communicate three key pieces of information: (a) an annual performance appraisal for each of the employees at the branch, (2) an update regarding the sales of commemorative stamps to a regional manager, and (3) information regarding postage rate increases to the general public. Which type of media would you use for each of these three pieces of information?

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Mixed-use developments (MXDs) are popular with retailers because they

A. offer short-term leasing agreements. B. offer low rent. C. have higher security. D. provide free storage facilities to attract retailers. E. bring additional shoppers to their stores.

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