Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Mark is the risk manager for Porter Shipping Company. He advised the company's insurance broker that he would only consider ocean cargo policies that included

Mark is the risk manager for Porter Shipping Company. He advised the company's insurance broker that he would only consider ocean cargo policies that included the warehouse-to-warehouse coverage clause. Which one of the following statements is true regarding the warehouse-to-warehouse clause? Available answer options Select only one option A It extends the ocean cargo coverage to include land-only shipments by truck or train. B It extends coverage to those shipments that have left the warehouse up to 60 days prior to the policy date of attachment. C It provides coverage for loss caused by the delay of shipment, such as loss of market, spoilage, and business interruption. D It covers cargo from the point of origin to the point of destination, even if connecting transportation on either end is by land conveyances

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

Hospitality Law Managing Legal Issues In The Hospitality Industry

Authors: Stephen C Barth, David K Hayes

2nd Edition

0471464252, 9780471464259

More Books

Students also viewed these General Management questions

Question

2. Find five metaphors for communication.

Answered: 1 week ago