Question
1) Explain the difference between a 'before & a8er' clause (also known as a 'period of responsibility 'clause) and a FIO clause. (5 marks) 2)
1) Explain the difference between a 'before & a8er' clause (also known as a 'period of responsibility 'clause) and a FIO clause. (5 marks)
2) A consignment of dry sugar you sent by sea has been ruined by sea waterbecause a hatch cover leaked. The shipowner is claiming that neverthelesshis ship was seaworthy.
a) Evaluate, with examples, time considerations related toCargoworthiness. [4 marks]
b) Evaluate how likely it is that you would win a case against the shipownerin the situation mentioned above.[4 marks]
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Intermediate Accounting
Authors: J. David Spiceland, James Sepe, Mark Nelson
6th edition
978-0077328894, 71313974, 9780077395810, 77328892, 9780071313971, 77395816, 978-0077400163
