In Westway Coffee Corporation V

question 33

Multiple Choice

In Westway Coffee Corporation v.MV Netuno,the consignee attempted to recover for an amount of coffee missing from his shipment on delivery in the United States.The court ruled that:

• A) The provision in the bill of lading that the quantity of coffee loaded into the container was the "shipper's load and count" protected the carrier.
• B) Under the Q-Clause, the carrier could not meet its burden of proving that it was not at fault in the disappearance of the cargo.
• C) The carrier was not liable for particular average losses.
• D) The carrier was liable because it had not provided a seaworthy ship at the time of the voyage.

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Definitions:

Income Distribution

The way in which total income is divided among the members of a society.

Marginal Contribution

The additional amount of revenue or benefit generated by utilizing one more unit of a resource or producing one additional unit of a product.

Complementary Resources

Assets or inputs that enhance the value or performance of another asset or input when used in conjunction, such as gasoline for cars or software for computers.

Price of Capital

The cost associated with acquiring capital, including the interest or dividends paid to access funds or the rental rates paid for physical capital.