Which of the following statements is false?
A)Detention is similar to demurrage except that detention applies to pipelines.
B)Demurrage is a penalty payment made to a railroad for keeping equipment beyond the time it should be released.
C)Averaging agreements can be used with demurrage.
D)Carriers and shippers can negotiate demurrage and detention policies.

Question

Quizplus · Accepted Answer

Detention refers to charges applied when the shipper or receiver holds onto the carrier's equipment outside of the port, terminal, or depot beyond the free time that is typically allowed for loading or unloading, not specifically to pipelines. It is commonly associated with containers.

Which of the Following Statements Is False