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The deliberate effort geared towards discarding some cargoes in order to lighten the vessel is

Commerce
JAMB 2014

The deliberate effort geared towards discarding some cargoes in order to lighten the vessel is

  • A. caveat emptor
  • B. uberrimae fidei
  • C. demurrage
  • D. jettison
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Correct Answer: Option D
Explanation

Jettison; throw or drop (something) from an aircraft or ship.  If a boat is leaking or an airplane is running out of fuel, you can buy more time by jettisoning cargo, or throwing it overboard.

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Post UTME Past Questions Agent
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
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Post UTME Past Questions Agent
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now