A Common Carrier Is Liable for Loss of or Damage

question 28

Multiple Choice

A common carrier is liable for loss of or damage to property if:

• A)the damage was caused by the goods themselves.
• B)the damage was caused by an act or order of the government.
• C)the goods were damaged because of the shipper's negligence.
• D)the goods entrusted to it are stolen by some unknown person.

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Definitions:

Prices

The financial amount expected, required, or supplied as remuneration for an item.

Income

Money received on a regular basis from work, property, investments, business ventures, and other sources, used to fund consumption and savings.

Laspeyres Index

A price index used to measure the change in the cost of purchasing a fixed basket of goods and services of the same type and quantity over time.

Prices

The amounts of money required to purchase goods or services, setting the economic value of said goods or services in the market.