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Maritime Contracts

Description: Maritime Contracts Quiz
Number of Questions: 15
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Tags: maritime law contracts shipping
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What is a charterparty?

  1. A contract between a shipowner and a shipper for the carriage of goods

  2. A contract between a shipowner and a charterer for the use of a ship

  3. A contract between a shipper and a consignee for the delivery of goods

  4. A contract between a shipowner and a shipbroker for the sale of a ship

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Explanation:

A charterparty is a contract between a shipowner and a charterer for the use of a ship. It sets out the terms and conditions of the charter, including the rate of hire, the duration of the charter, and the responsibilities of the shipowner and the charterer.

What are the two main types of charterparties?

  1. Voyage charterparties and time charterparties

  2. Bareboat charterparties and demise charterparties

  3. Lump-sum charterparties and contract of affreightment

  4. FIO charterparties and FOB charterparties

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Correct Option:
Explanation:

The two main types of charterparties are voyage charterparties and time charterparties. A voyage charterparty is a contract for the carriage of goods from one port to another, while a time charterparty is a contract for the use of a ship for a specified period of time.

What is a bill of lading?

  1. A document issued by a carrier to a shipper acknowledging receipt of goods for carriage

  2. A document issued by a shipper to a carrier listing the goods to be carried

  3. A document issued by a carrier to a consignee acknowledging delivery of goods

  4. A document issued by a shipper to a consignee listing the goods to be delivered

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Explanation:

A bill of lading is a document issued by a carrier to a shipper acknowledging receipt of goods for carriage. It sets out the terms and conditions of the carriage, including the name of the shipper, the name of the consignee, the description of the goods, the port of loading, the port of discharge, and the freight rate.

What is the difference between a bill of lading and a sea waybill?

  1. A bill of lading is a document of title, while a sea waybill is not

  2. A bill of lading is issued by a carrier, while a sea waybill is issued by a shipper

  3. A bill of lading is used for the carriage of goods by sea, while a sea waybill is used for the carriage of goods by air

  4. A bill of lading is a negotiable instrument, while a sea waybill is not

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Explanation:

A bill of lading is a document of title, which means that it represents the goods themselves. A sea waybill is not a document of title, which means that it does not represent the goods themselves.

What is a maritime lien?

  1. A legal claim against a ship for unpaid wages, salvage, or other maritime services

  2. A legal claim against a cargo for unpaid freight or other charges

  3. A legal claim against a shipowner for breach of contract

  4. A legal claim against a charterer for breach of contract

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Explanation:

A maritime lien is a legal claim against a ship for unpaid wages, salvage, or other maritime services. It is a right in rem, which means that it attaches to the ship itself, regardless of who owns it.

What is the difference between a general average and a particular average?

  1. A general average is a loss that is shared by all of the parties to a maritime adventure, while a particular average is a loss that is borne by the owner of the goods

  2. A general average is a loss that is caused by a voluntary sacrifice, while a particular average is a loss that is caused by an accidental occurrence

  3. A general average is a loss that is covered by insurance, while a particular average is a loss that is not covered by insurance

  4. A general average is a loss that is calculated on the value of the ship and cargo, while a particular average is a loss that is calculated on the value of the goods

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Explanation:

A general average is a loss that is shared by all of the parties to a maritime adventure, while a particular average is a loss that is borne by the owner of the goods. A general average is caused by a voluntary sacrifice, such as the jettison of cargo, while a particular average is caused by an accidental occurrence, such as damage to cargo.

What is the York-Antwerp Rules?

  1. A set of rules that govern the apportionment of general average

  2. A set of rules that govern the carriage of goods by sea

  3. A set of rules that govern the salvage of ships

  4. A set of rules that govern the limitation of liability of shipowners

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Explanation:

The York-Antwerp Rules are a set of rules that govern the apportionment of general average. They were first adopted in 1890 and have been revised several times since then. The current version of the York-Antwerp Rules is the York-Antwerp Rules 2016.

What is the Hague-Visby Rules?

  1. A set of rules that govern the carriage of goods by sea

  2. A set of rules that govern the salvage of ships

  3. A set of rules that govern the limitation of liability of shipowners

  4. A set of rules that govern the apportionment of general average

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Explanation:

The Hague-Visby Rules are a set of rules that govern the carriage of goods by sea. They were first adopted in 1924 and have been revised several times since then. The current version of the Hague-Visby Rules is the Hague-Visby Rules 1968.

What is the Limitation of Liability of Shipowners Act?

  1. An act that limits the liability of shipowners for loss or damage to cargo

  2. An act that limits the liability of shipowners for loss or damage to passengers

  3. An act that limits the liability of shipowners for loss or damage to property

  4. An act that limits the liability of shipowners for loss or damage to the environment

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Explanation:

The Limitation of Liability of Shipowners Act is an act that limits the liability of shipowners for loss or damage to cargo. It was first enacted in 1851 and has been revised several times since then. The current version of the Limitation of Liability of Shipowners Act is the Limitation of Liability of Shipowners Act 1986.

What is the Salvage Convention?

  1. A convention that governs the salvage of ships

  2. A convention that governs the carriage of goods by sea

  3. A convention that governs the limitation of liability of shipowners

  4. A convention that governs the apportionment of general average

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Explanation:

The Salvage Convention is a convention that governs the salvage of ships. It was first adopted in 1910 and has been revised several times since then. The current version of the Salvage Convention is the Salvage Convention 1989.

What is the International Convention on Limitation of Liability for Maritime Claims?

  1. A convention that limits the liability of shipowners for loss or damage to cargo

  2. A convention that limits the liability of shipowners for loss or damage to passengers

  3. A convention that limits the liability of shipowners for loss or damage to property

  4. A convention that limits the liability of shipowners for loss or damage to the environment

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Correct Option:
Explanation:

The International Convention on Limitation of Liability for Maritime Claims is a convention that limits the liability of shipowners for loss or damage to cargo. It was first adopted in 1976 and has been revised several times since then. The current version of the International Convention on Limitation of Liability for Maritime Claims is the International Convention on Limitation of Liability for Maritime Claims 1996.

What is the Montreal Convention?

  1. A convention that governs the carriage of passengers and baggage by air

  2. A convention that governs the carriage of goods by air

  3. A convention that governs the limitation of liability of air carriers

  4. A convention that governs the apportionment of general average

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Correct Option:
Explanation:

The Montreal Convention is a convention that governs the carriage of passengers and baggage by air. It was first adopted in 1999 and has been revised several times since then. The current version of the Montreal Convention is the Montreal Convention 2003.

What is the Warsaw Convention?

  1. A convention that governs the carriage of passengers and baggage by air

  2. A convention that governs the carriage of goods by air

  3. A convention that governs the limitation of liability of air carriers

  4. A convention that governs the apportionment of general average

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Explanation:

The Warsaw Convention is a convention that governs the carriage of passengers and baggage by air. It was first adopted in 1929 and has been revised several times since then. The current version of the Warsaw Convention is the Warsaw Convention 1999.

What is the Hague Convention?

  1. A convention that governs the carriage of goods by sea

  2. A convention that governs the carriage of passengers and baggage by sea

  3. A convention that governs the limitation of liability of shipowners

  4. A convention that governs the apportionment of general average

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Correct Option:
Explanation:

The Hague Convention is a convention that governs the carriage of goods by sea. It was first adopted in 1921 and has been revised several times since then. The current version of the Hague Convention is the Hague Convention 1968.

What is the Geneva Convention?

  1. A convention that governs the carriage of passengers and baggage by sea

  2. A convention that governs the carriage of goods by sea

  3. A convention that governs the limitation of liability of shipowners

  4. A convention that governs the apportionment of general average

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Correct Option:
Explanation:

The Geneva Convention is a convention that governs the carriage of passengers and baggage by sea. It was first adopted in 1976 and has been revised several times since then. The current version of the Geneva Convention is the Geneva Convention 1996.

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