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WAEC Commerce 1996 Question 65

Question 65

Transport

The contract between ship owners and hirers whereby the hirers take full control of the ship is called

  1. A.time charter
  2. B.charter by demise
  3. C.shipping conference
  4. D.voyage charter
  5. E.charter party
Show the answer and explanation

Answer: B (charter by demise)

Explanation

Under a charter by demise (bareboat charter) the hirer takes over the ship and its crew completely.