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Extraneous Perils : These are the incidental perils to which the cargo is exposed. These are caused mainly on account of the faults in loading, keeping, carrying and unloading of cargo. Examples of such perils are: improper stowage, rough handling, breakage and leakage, hook and sling damage, contract with mud, oils and acids and theft, pilferage and non-delivery.
The Maritime and Extraneous perils are incorporated in the Institute cargo clauses standardised by the Institute of London Underwriters. These clauses constitute the terms and conditions of the insurance and are appended to the policy form known as MAR Policy Form.
When converting management dilemma into research questions, what issues should be considered and why? Answer A manager when faced with a dilemma is surrounded by numerous
briefly outline the differencies between marketing evolution and marketing philosophies
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Strike Perils : In marine insurance, strike perils mean events which lead to loss or damage to cargo caused by: i) Strikes, lock-out workmen or persons taking part in labour di
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Export of Repaired Goods: Goods or parts thereof on being exported and found defective damaged or otherwise unfit for use may be imported for repair and subsequent re-export. S
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