A. State four (4) major types of coverage provided by Ocean Transportation Insurance and write briefly on any two (2).
B. State three (3) types of impliedwarranties that exist in marine insurance.
C. Explain the importance in preventing the voiding of coverage
D. Explain fully tany three (3) of the following legal doctrines and their applications:
I. Resipsa loquitur
II. Respondeat superior
III. The principle of indemnity
IV. The attractive nuisance doctrine vs. The principle of subrogation

Answer rating: 100% (QA)

A Four major types of coverage provided by Ocean Transportation Insurance include Hull and Machinery Insurance This covers physical damage to the vessel including machinery and equipment Protection an... View the full answer