The premiums charged by marine insurance companies on an international transaction depend on:
A) the age of the ship.
B) whether the goods are stowed on deck or under deck.
C) the volume of business.
D) how the good are packed.
E) all of the above.

Question

Quizplus · Accepted Answer

The premiums charged by marine insurance companies on an international transaction depend on a variety of factors, including the age of the ship, where the goods are stowed, the volume of business, and how the goods are packed. Therefore, all of the above choices are correct.

The Premiums Charged by Marine Insurance Companies on an International