Which of the Following Terms Refers to a Contract in Which

question 3

Multiple Choice

Which of the following terms refers to a contract in which the owner agrees to provide the ship at a named port at a specified time and to carry the goods to the contract destination?

• A) voyage charterparty
• B) no arrival, no sale contract
• C) maritime lien
• D) claused bill of lading

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Definitions:

Management By Exception

Leadership that involves the leader taking corrective action on the basis of the results of leader–follower transactions.

Corrective Actions

Steps taken to rectify a process, issue, or behavior that deviates from the set standard, aiming to prevent recurrence of the deviation.

Anticipates Problems

The ability to foresee and address issues before they manifest into significant challenges.

Transactional Leadership

A leadership style that focuses on the exchange between leader and followers, where leaders offer rewards for achievement and punishment for failure.