Damage to another vessel’s cargo,caused by a collision,is covered under which marine insurance policy?().
What is an example of the term “Restraint of Rulers,Princes,or Peoples” in a marine insurance policy? ()
Contract closeout is a process that involves()
The implied condition(s) with respect to the doctrine of deviation in a marine insurance policy is(are)().
Sue and Labor is to()a loss which would be recoverable under PICC Hull Insurance Clauses.
Insurance is very important to logistics because of the potential hazards and dangers in the process,such as().
Which of the following marine insurance policies is normally purchased by the cargo owner?().
A contract of affreightment is a().
The ship owner’s liability for cargo damage is covered under what marine insurance policy?().
FOB price is calculated by CIF price minus insurance and ________.
The contract is _____ for two years.
In marine cargo insurance,general average is to be borne by the carrier ,who may ,upon presentation of evidence of loss ,recover the loss from the insurance underwriter.
Insurance is to be covered by the buyer as the deal is on CFR basis.
The buyer will cover the insurance since the deal is based on FOB.
Insurance is to be covered by the seller as the deal is on CIF basis.
If there is no indication in the letter of credit of the insurance coveragerequired, the amount of insurance coverage must be atleast 110% of the()or value of the goods.
When goods are shipped CIF, which party is responsible for the insurance charges?______.
The passage tells us that insurance is______.
Lay time in the contract is the same thing as shipment time.()
If the credit requires an insurance certificate, the presentation of an insurance policy in lieu of it ( ) is/( ) (is not) permissible.
According to the objective theory of contracts, the intent to enter into an express or implied-in-fact contract is judged by the ().
Establishment of a sound insurance system is essential for deepening economic reforms.
Insurance contract is essentially a contract between the carrier and the insured forcargo insurance.()
Insurance policy is an evidence of insurance contract issued by carrier tothe insurer for cargo transport.()