FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

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

blur-text-image

Get Instant Access to Expert-Tailored Solutions

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

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

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

Get Started

Recommended Textbook for

Legal Ethics

Legal Ethics

Authors: Kent Kauffman

3rd edition

128570049X, 840024657, 9781285700496, 978-0840024657

More Books

Students also viewed these Law questions

Question

★★★★★
The efficiency of an engine is 0.21. For every 1.00 kJ of heat absorbed by the engine, how much (a) Net work is done by it and (b) Heat is released by it?

Answered: 1 week ago

Question

★★★★★
Explain how human resource strategies and competitive business strategies are aligned. LO.1

Answered: 1 week ago

Question

★★★★★
2. Summarize research on the physical development of the brain and possible implications for teaching.

Answered: 1 week ago

Question

★★★★★
Preparing an Income Statement, Statement of Retained Earnings, and Balance Sheet Assume that you are the president of Influence Corporation. At the end of the first year (June 30, 2011) of...

Answered: 1 week ago

Question

★★★★★
Corporation A is deciding on an acquisition. Corporation A would buy all shares of Corporation B, for a total of 500,000 shares of B. Currently, corporation B is expected to pay a constant dividend...

Answered: 1 week ago

Question

★★★★★
Calculate safety inventory and percentage reduction for the following data using risk pooling. Warehouse Location Mean Demand SD of Demand Chandigarh 100 23 Delhi 345 85 Ahmedabad 267 67 Kanpur 154...

Answered: 1 week ago

Question

★★★★★
Answer the essay: Each of you must write down a certain business. Think of the materials needed in the business. A. Where are you going to get the materials? B. Are the materials needed from the...

Answered: 1 week ago

Question

★★★★★
Explain why developing clear research objectives is so crucial to business research. Use the editor to format your answer

Answered: 1 week ago

Question

★★★★★
A die is rolled and value is recorded. The table shows the results of 20 rolls. 3 3 1 4 6 4 st 4 2 1 3 2 2 2 4 3 2 6 3 4 6 (a) Complete the probability distribution table. X P(X) 1 2 3 4 5

Answered: 1 week ago

Question

★★★★★
. Consider the power transmission-line tower shown in the accompanying figure. The members have a cross-sectional area of 10 in and a modulus of elasticity of E = 29 106 lb/in. Using ANSYS, determine...

Answered: 1 week ago

Question

★★★★★
When Inga finds out that she is to be terminated at 3:00pm, she runs back to her cash drawer at 2:30pm and takes $700 that she suspects that she'll need to live on because the hotel does not give...

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

Question

★★★★★
2. In this chapter, the reader should reflect on the following concepts: Idealized system design, analogue thinking, contrast principle, consistency principle, reciprocity principle, scarcity...

Answered: 1 week ago

Question

★★★★★
2. A Soviet invasion of Poland would lead to the severing of diplomatic relations between the United States and the Soviet Union.

Answered: 1 week ago

Question

★★★★★
1. Diplomatic relations between the United States and the Soviet Union would be severed in 1993 than that

Answered: 1 week ago

Previous Question Next Question