Under a time charter, while the time charterer generally must pay hire continuously during the charter period, if the machinery breaks down the vessel will likely be subject to the _____ clause.

Group of answer choices

Demurrage

Laytime

Off-hire

Deviation

The general maritime law applicable to charterparties in the United States is underdeveloped in part because of the widespread use of _____ clauses for charterparty dispute resolution.

Group of answer choices

Exculpatory

Litigation

Choice of law

Arbitration

Which of the following is a function of the bill of lading?

Group of answer choices

It serves as a receipt that the carrier has received the cargo

It serves as document of title to the cargo

It evidences the contract of carriage between the shipper and carrier

All of the above

In the United States, a bill of lading limiting the carrier's liability for cargo damage is______.

Group of answer choices

Enforceable when consistent with the underlying charterparty

Enforceable when consistent with the minimum requirements of COGSA

Enforceable when consistent with the requirements of the Rotterdam Rules

Never enforceable

COGSA incorporates which of the following international conventions?

Group of answer choices

Hague Rules

Hague-VisbyRules

Hamburg Rules

Rotterdam Rules

Under COGSA,ifthe shipper fails to ________after it isgiven the opportunity to do so,the carrier is liable to the shipper only for$500per package or customary freight unit.

Group of answer choices

Return the goods

Insure the goods

Declare a value to the goods

Declare a weight to the goods

North Carolina native Malcolm McLean developed the ______ in the 1950s, which today is used all over the world to facilitate maritime and multimodal trade.

Group of answer choices

Barge

Bulk carrier

Steamship

Intermodalcontainer