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WAEC Commerce 2018 Objective — Question 48

Question 48 of 50 from the West African Examinations Council (WAEC) Commerce 2018 Objective paper, with the correct answer and a full explanation.

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The time allowed for loading and unloading a ship at the harbour is

  • A. Demurrage
  • B. Tenure
  • C. lay daysCorrect
  • D. dead freight

Explanation

Lay days refer to the number of days allowed for loading/unloading a ship at the harbour without extra charge.

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