Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The following questions focus on the topic of CARGO INSURANCE The assumption that a ship is technically efficient and in a fit shape to carry

image text in transcribed
image text in transcribed
image text in transcribed
The following questions focus on the topic of CARGO INSURANCE The assumption that a ship is technically efficient and in a fit shape to carry a particular cargo in question would be part of what type of warranty in a marine insurance policy? Select one answer Express Indemnity Liability Implied 1103949 E150mm Under which legal doctrine must the insured reveal all material facts and potential risks to the insurer, while at the same time the insurer must make sure the insurance contract fits and benefits the insured? Select one answer. Measure of indemnity Uberrimae fidei Subrogation Without prejudice DRRRR EFT INSTE Question 33 of 38 | Time Remaining: 01:03:39 Cargo was damaged during an ocean voyage but the damage was not apparent at the time of delivery. When must a notice of claim be given with respect to this damage? Select one answer. At the time of delivery 11 17 Within 3 days of delivery 16 11 18 19 Within 7 days from the date of receipt Within 1 year of delivery

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

Financial And Accounting Principles In Islamic Finance

Authors: Samir Alamad

1st Edition

3030162982, 9783030162986

More Books

Students also viewed these Accounting questions

Question

6 Compare and contrast mentoring and coaching.

Answered: 1 week ago