Question
1. Explain the difference in the liability rules for Ocean transport: The Hague Rules, The Hague-Visby Rules, the Hamburg Rules, the Rotterdam Rules 2. What
1. Explain the difference in the liability rules for Ocean transport: The Hague Rules, The Hague-Visby Rules, the Hamburg Rules, the Rotterdam Rules
2. What is the current liability per package for goods shipped from the US? Is a container considered a "package?"
3. Describe 3 different types of ships used in ocean transportation.
4. Explain the concept of "insurable interest".
5. Explain the difference between an open cargo policy and a special cargo policy in Marine Cargo Insurance
6. What is the difference between a "franchise" and a "deductible" as used in the with-average coverage?
7. Which risks are not insured against in any of the Marine Cargo policies?
8. Explain the concept of General Average.
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