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WAEC Commerce 1998 Question 90

Question 90

Transport

The time allowed for unloading and loading a ship is referred to as

  1. A.days of grace
  2. B.charter by demise
  3. C.voyage charter
  4. D.time charter
  5. E.lay days
Show the answer and explanation

Answer: E (lay days)

Explanation

Lay days are the days allowed for loading and unloading.