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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.
1. Your company manufactures consumer products mostly in the pet products category. You have developed a new line of rather unique bird feeders for wild birds such as cardinals, f
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brand promotion technique can benefit an organization by increasing its sales or hitting competitive brands may leave a negative impression on the customers?
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difference between heavy lift and long lift surcharge?
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