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1. Give the two (2) types of charter party. Briefly discuss the nature and distinctions of both. 2. Give the three (3) fold functions of

1. Give the two (2) types of charter party. Briefly discuss the nature and distinctions of both.

2. Give the three (3) fold functions of bill of lading.

3. Give at least five (5) distinctions between salvage from towage.

4. May a passenger onboard the vessel be subjected to jettison and why?

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