What Was the Primary Response of Carriers When Dealing with Fuel

question 10

Multiple Choice

What was the primary response of carriers when dealing with fuel price increases?

• A) Increase rates per pound of cargo
• B) Use of fuel surcharges
• C) Reduction of capacity
• D) Increasing capacity

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Definitions:

Law of Finds

A legal doctrine that governs the rights to ownership of property that has been unclaimed and discovered.

Law of Salvage

A principle in maritime law where a person who recovers another's ship or cargo after peril or loss at sea is entitled to a reward proportional to the value of the property saved.

Demolition Derby

A motorsport event where participants deliberately crash their vehicles into one another until only one is left operational.

Title

Legal ownership or evidence of ownership of property, assets, or intellectual property.