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Read Article 4.5 of the MHVR, Mo [3.126] - [3.132] and El Greco case extract, According to Art 4.5 (a), in what circumstances will a
Read Article 4.5 of the MHVR, Mo [3.126] - [3.132] and El Greco case extract,
- According to Art 4.5 (a), in what circumstances will a shipper or consignee be entitled to the full
- value of a lost or damaged cargo?
- A "unit of account" as referred to in Article 4 (5) (a), is a special drawing right. Explain what an SDR is.
- Using XE currency converter (http://www.xe.com/currencyconverter/), what is one SDR currently worth in AUD. (hint: SDR currency abbreviation is XDR)
- What is meant by a "package or unit" as referred to in Article 4(5)?
- If the Bill of Lading noted that receipt of "1 container containing 200 cartons" what would the number of packages or units be for the purposes of calculating a limit under Art 4.5 (a)? How does El Greco help you answer this question? Does article 4.5 (c) make a difference to your answer?
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