WAEC Commerce 1997 Question 53

Question 53

Transport

Which of the following is not a characteristic of Charter Party?

  1. A.It is a contract for carriage by sea
  2. B.Its document shows freight charges and destination
  3. C.There are time, voyage and charter by demise
  4. D.The whole or part of a ship is leased
  5. E.An association of ship owners
Show the answer and explanation

Answer: E (An association of ship owners)

Explanation

An association of shipowners is a shipping conference, not a charter party.