Which of the following statements applies to the COGSA?

a. It governs the liability of carriers in both domestic and foreign trade.

b. It governs the liability of carriers from the time cargo is loaded onto the ship until the time it is unloaded.

c. It governs the liability of shippers until the goods are loaded onto the ship.

d. All of the above


b

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Debits in double-entry bookkeeping are used to record:

a. increases in liabilities b. increases in owners’ equity c. increases in assets d. decreases in assets e. decreases in net income

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Puffery is as an illegal, deceptive practice.

Answer the following statement true (T) or false (F)

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The primary reason for purchasing an option is the income it generates.?

Answer the following statement true (T) or false (F)

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Trading down refers to ________ when repositioning a product.

A. reducing the amount of product carried as inventory B. encouraging consumers through the use of coupons and deals to purchase a firm's lower-priced products C. reducing the number of features, qualities, or price D. redirecting marketing resources from a cash cow target market to one that is not performing as well in the hopes of increasing sales and profits E. reducing the number of product items in a product line

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