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Which of the Following Would NOT Be a Defence for a Carrier

question 41

Multiple Choice

Which of the following would NOT be a defence for a carrier that is sued for damage caused to goods during shipping when there is no contractual limitation of liability?


Definitions:

Tax Exemption

A portion of income or transaction that is free from tax by law, reducing the taxable income or value.

Dividend Income

Income received from owning shares in a company, typically paid out from the company's profits to its shareholders at regular intervals.

Date of Record

The specific date on which a company determines its shareholders' eligibility to receive dividends or share distributions.

Resolution to Pay

A formal decision made by a company's board of directors to distribute funds, often as dividends, to shareholders.

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