Which of the following is a term in a bill of lading that purports to extend to third parties the carrier's liability limits established by the Hague and Hague-Visby Rules?
A. Himalaya Clause
B. force majeure clause
C. voyage charterparty
D. ultra vires rule
A
You might also like to view...
Which of the following wholesaler's channel functions is demonstrated when a wholesaler holds inventories and thereby reduces inventory holding costs and risks of suppliers and customers?
A) financing B) transporting C) buying and assortment building D) warehousing E) bulk breaking
Alpha's preferred stock currently has a market price equal to $80 per share. If the dividend paid on this stock is $6 per share, what is the required rate of return investors are demanding from Alpha's preferred stock??
A. ?7.5% B. ?13.3% C. ?6.0% D. ?$6.00 E. ?$13.33
When determining the markup, it is important to know whether it is based on cost or selling price.
Answer the following statement true (T) or false (F)
New York follows the contact rule in determining when third persons can sue accountants for negligence
Indicate whether the statement is true or false