Shipping and Maritime Law Question and Answers

Question 1

What exactly do you mean by "INCOTERMS"?

Accepted Answer

What party or person is paying the duty tax.

Answer

What carrier is transporting the product.

Answer

What country is paying the duty tax.

Question 2

If the transportation of this kind of goods is connected to:

Accepted Answer

flammable products declare

Answer

dangerous good declaration

Answer

dangerous goods

Answer

none of the above

Question 3

Under the doctrine of innocent passage, foreign ships are permitted to enter the territorial waters of other countries, with the exception of

Accepted Answer

come with peace

Answer

fishing

Answer

practice

Answer

spying

Question 4

The following risks are not included in all risks:

Accepted Answer

non-delivery insurance

Answer

collision insurance

Answer

theft, non-delivery insurance

Answer

leakage insurance

Question 5

True or False: For a very long time, shipping has been acknowledged as one of the major drivers of socioeconomic progress.

Accepted Answer

True

Answer

False

Question 6

Which of the following claims regarding marine surveyors is TRUE?

Accepted Answer

Marine surveyors can inspect all types of ships.

Answer

Marine surveyors conduct thorough and extensive surveys of a canal.

Answer

Marine surveyors inspect pleasure yachts only.

Answer

Marine surveyors arrange port procedures for ships

Question 7

True or False: Each country has the authority to exploit natural resources within its exclusive economic zone (EEZ)

Accepted Answer

False

Answer

True