WAEC Commerce 2023 Objective — Question 29
Question 29 of 50 from the West African Examinations Council (WAEC) Commerce 2023 Objective paper, with the correct answer and a full explanation.
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The penalty paid for not off-loading goods at a port within the stipulated time is A. charge.
- A. charge
- B. demurrageCorrect
- C. dock due
- D. freight
Explanation
Demurrage is the penalty which the owner of a consignment will pay for not offloading the goods from the ship as at stipulated time.
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