Examlex
Which of the following statements is INCORRECT?
Tariff Rules
Regulations and fixed duties or fees imposed by a government on imports or exports to control trade and raise revenue.
Common Carrier
An entity that offers its services to the general public for the transport of goods or people under the regulation of government agencies.
Liability
The legal responsibility for one's actions or inaction, which may result in financial compensation or legal penalties.
Declaration of Value
An official statement indicating the market value of property or goods, often required for insurance purposes or in the context of shipping and customs.
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