Describe the key types of survey you would focus

Assignment Help Finance Basics
Reference no: EM131389718 , Length: word count:1500

Diploma in Marine Surveying Assignment

Consider that you have established a marine surveying company to provide services to your local port.

Part One: As a self-employed surveyor your finance will be an important consideration. How would you plan your finances and what financial statements would you keep?

Part Two: Describe the key types of survey you would focus on for your business, explaining the particular skills you would have to carry out this work.

Selecting one these types of survey, briefly outline the international codes and regulations that would guide you in your findings. What influence would the Flag state and Classification have in directing you to making your report.

To protect your integrity, there may be a situation where you to refuse or to abandon a survey. What reasons may you have to justify this decision?

Part Three: Explain the importance to have knowledge of trading arrangements of the ship you are surveying. Briefly describe the matrix of key contracts used in the international maritime trade. Further explain the different types of charter parties commonly used and the three key applications of the Bills of Lading.

Part Four: You have been instructed by a ship-owner to carry out a damage survey for a vessel that has suffered fire damage in the accommodation.

Describe your preparation for this work, including the equipment that you would take with you.

Who would you consider to be key people to meet and discuss to carry out this work?

Outline the report to your principal on the survey carried out. (Note this question does not require the full content of a written report, an outline of a formal report is required)

Reference no: EM131389718

Questions Cloud

What is the profit maximizing rate of output for the firm : The price of jeans in a perfectly competitive market is NOW $13. Costs are STILL as follows: Quantity 0 1 2 3 4 5 6 7 8 9 10 Total Cost 10 17 26 37 50 65 82 101 122 145 170 1. What is the profit maximizing rate of output for the firm? What is the pro..
What rights does stephens have in the proceeds : Carter then foreclosed upon the mortgage and sold the property for $375,000. What rights, if any, does Stephens have in the proceeds from the sale of the property?
Is this device p channel or n channel : Plot the transfer characteristic curve using the data from part (b).
What is the unemployment rate in this economy : Suppose the layoff rate is 0.02 per month and the average duration of a spell of unemployment is four and a half months. What is the unemployment rate in this economy?
Describe the key types of survey you would focus : FLR2722 Diploma in Marine Surveying Assignment. Describe the key types of survey you would focus on for your business, explaining the particular skills you would have to carry out this work
What are coles rights against stafford surety co : Stafford was paid a premium by Preston to serve as surety. Preston defaults on the obligation. What are Cole's rights against Stafford Surety Co.?
What is labor-elasticity of output when monthly labor input : The short-run production function of ACME Widgets Inc. is given by q = 40(2L − 8)^(3/4, where q is the number of Widgets ACME produces in a month, and ` is ACME’s monthly labor input, measured in $1000’s. Find ACME’s labor-elasticity of output as a f..
Options for gathering marketing research : Primary marketing research is generally used when all other options for gathering marketing research have been exhausted. It is very expensive, and sometimes the research itself is flawed in its design.
Is sutton released from his liability : Prior to the due date of the loan, Perry convinced Campbell to return the stock because its value had increased and he wished to sell it to realize the gain. Campbell released the stock and Perry subsequently defaulted. Is Sutton released from his..

Reviews

len1389718

2/10/2017 4:01:43 AM

1500 words, need it as per the guidelines. You should aim for 1500 words to complete this assignment. For candidates taking the Diploma option, all Tutor Marked Assignments must be completed. There is a minimum pass mark for each assignment and candidates will be expected to reach this minimum standard. There is no penalty for the late submission of an assignment, provided all assessments are completed by the end of the course. You are recommended to complete each assignment by the suggested deadline date, so the marker can plan their time and return your work as quickly as possible. However, you can submit assignments at any time during the course, but a longer time period may elapse before your marked work is returned.

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd