What Is Not Included in a Common Carrier's Lien on Goods

question 46

Multiple Choice

What is not included in a common carrier's lien on goods that it transports?

• A) consequential damages
• B) demurrage
• C) costs of preserving the goods
• D) costs of a sale to enforce the lien

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Definitions:

Translation Exposure

The risk that a company's financial statements can be affected by changes in exchange rates when they have operations in foreign currencies.

Depreciation

The accounting method of allocating the cost of a tangible or physical asset over its useful life.

Financial Statements

These are formal records of the financial activities of a business, person, or other entity, providing an overview of a financial position at a point in time.

Remitting Profits

The process of sending back earnings to a company's home country or investors.