WAEC Commerce 2013 Question 24

Question 24

Transport

A contract made between a ship owner and a merchant for the carriage of cargo is

  1. A.ships' manifest.
  2. B.charter party.
  3. C.freight forward.
  4. D.cargo service.
Show the answer and explanation

Answer: B (charter party.)

Explanation

A charter party is the contract for hiring a ship or its space.