If You Have a Fair Opportunity to Declare the Value

question 39

True/False

If you have a fair opportunity to declare the value of your shipment on a bill of lading and fail to do so,in the U.S.the carrier's liability will be limited to $500 per package.

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Definitions:

Airport Currency Exchange

Facilities located within airports where travelers can exchange one country’s currency for another's, typically at market rates.

Exchange Rate

The price at which one currency can be exchanged for another currency.

Units

Refers to a measure of quantity or amount in a specified dimension such as length, mass, time, etc., or in the context of economics and finance, the smallest portion of a product or financial instrument.

Percent Saving

The percentage of the original price saved as a result of a discount or offer.