Answered step by step

Verified Expert Solution

Link Copied!

Question

...

1 Approved Answer

Posted on Jun 12, 2024

Goods are to be insured at 110% CIP value. Total invoice value for the goods is US $26,000.00. The total ocean freight is US $6,000.00.

Goods are to be insured at 110% CIP value. Total invoice value for the goods is US $26,000.00. The total ocean freight is US $6,000.00. Canadian inland charges and handling total is US $750.00. Marine insurance rate is 0.25%. What will be the insurance premium paid for this cargo

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Law questions

Question

Cereals. Breakfast cereal manufacturers publish nutrition information on each box of their product. As we saw in Chapter 17, there is a long history of cereals being associated with nutrition. Heres...

Answered: 1 week ago

Question

★★★★★

Dont tell me weve lost another bid! exclaimed Janice Hudson, president of Prime Products Inc. Im afraid so, replied Doug Martin, the operations vice-president. One of our competitors underbid us by...

Answered: 1 week ago

Question

★★★★★

Use the following information to prepare a form STD . 2 1 8 ( continuous ) , Claim Schedule. The Department of General Services received an appropriation in the 2 0 2 0 - 2 0 2 1 Budget Act, Chapter...

Answered: 1 week ago

Question

★★★★★

Marie was terminated because of low productivity and high absenteeism. Management offered her a one-time sum that covered her quarterly salary. In return, Marie signed a release agreement waiving her...

Answered: 1 week ago

Question

★★★★★

1.) (20 pts) Jobs arrive to a two-station serial line at a rate of 2 jobs per hour with deterministic inter- arrival times. Station 1 has one machine which requires exactly 29 minutes to process a...

Answered: 1 week ago

Question

★★★★★

Salubrity Plus is a medical equipment supply company with offices and retail locations in Ontario and Qubec. The organization started operations in 2005 and currently has an approximate annual...

Answered: 1 week ago

Question

★★★★★

A vendor for your part casting claims they redeveloped the casting alloy with less tensile variability. The vendor claims that the new material will show a 20 of 10, 95% of the time. A six sample...

Answered: 1 week ago

Question

★★★★★

The following accounts and their balances appear in the general ledger of NEWBERRY PROPERTIES INC. on June 30, 2017: Preferred stock, 2%, $75 par...........................................1,350,000...

Answered: 1 week ago

Question

★★★★★

Problem 11: The principal stresses at a point in a solid: = 60 MPa, = 35 MPa, 3 = 15 MPa Obtain (a) the maximum shearing stress and (b) the normal and shearing stresses on the octahedral plane.

Answered: 1 week ago

Question

★★★★★

Chapter 1 discusses many different challenges that HRM has faced over the past few decades. This ranges across many different areas: technology,global competition, skill sets, employee supply and...

Answered: 1 week ago

Previous Question Next Question