Which Is NOT True About the Practices in Japanese Ports

question 141

Multiple Choice

Which is NOT true about the practices in Japanese ports?

• A) Port services were controlled by stevedore company association.
• B) Foreign carriers had to negotiate with stevedore company association.
• C) Japanese government disapproved restrictive practices.
• D) Japanese government denied license to new entrants in port services.

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Definitions:

Straight-Line Depreciation

A method of allocating an asset's cost evenly across its useful life.

Natural Resources

Assets occurring in nature, such as mineral deposits, timber tracts, oil, and gas

Tangible Assets

Physical assets that hold value, such as land, buildings, vehicles, equipment, and inventory.

Operating Rights

The granted permissions or authorizations for a company to conduct specific operations within a regulatory or legal framework.