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WAEC Commerce 1996 Question 46

Question 46

Transport

Contracts for the carriage of goods by sea are generally called

  1. A.charter by demise
  2. B.charter parties
  3. C.voyage charter
  4. D.time charter
  5. E.marine policy
Show the answer and explanation

Answer: B (charter parties)

Explanation

A charter party is the contract for hiring a ship; time and voyage charters are types of it.