Federal law requires a common carrier who limits liability to a stated dollar amount to offer shippers the opportunity to pay a premium and declare a higher value for the goods.

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Quizplus · Accepted Answer

This is true. The Carmack Amendment, which is a federal law that governs liability for loss or damage to interstate shipments of goods, requires common carriers to offer shippers the option of paying a higher premium to declare a higher value for the goods being transported. This enables shippers to obtain greater protection for their goods in the event of loss or damage during transport.

Federal Law Requires a Common Carrier Who Limits Liability to a Stated