WAEC Commerce 2014 Theory — Question 48
Question 48 of 50 from the West African Examinations Council (WAEC) Commerce 2014 Theory paper, with the correct answer and a full explanation.
Advertisement
When a ship overstays the allowed number of days at the port, it is made to pay a
- A. interest
- B. tariff
- C. demurrageCorrect
- D. commission
Explanation
Demurrage is a charge paid to the owner of a chartered ship for the extra days it spends before discharge, due to delay.
Advertisement
Sign up free to unlock
- Score tracking
- Practice history
- Saved questions
- Progress dashboard
- Personalized sessions
- Weak-topic breakdown
…and/or go further with premium services and No Ads.