Listed below are some technical terms introduced in our course: Demurrage Private Carrier Collateral Acceptance...

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Finance

Listed below are some technical terms introduced in our course:

Demurrage

Private

Carrier

Collateral

Acceptance

Breach of Contract

Executed Contract

Executory Contract

Common Carrier

Damages.

Each of the following statements may (or may not) describe one of these technical terms. In the space provided next to each statement, indicate/choose the term described, or selece "None" if the statement does not correctly describe any of the terms.

1.Private Carrier: Carrier that transports goods or people under individual contracts for a limited number of customers

Common Carrier: Any individual, firm, or company (other than government) engaged in business of transporting forhire, goods from place to place for all person indiscriminately.

Damages: Money paid by a defendant to a successful plaintiff in civil cases to compensate the plaintiff for his or her injuries

Demurrage: Fee charged for unreasonably delaying equipment of a common carrier

Executed contract: Contract that has been completely carried out

Executory contract: Contract which is in progress i.e. atleast any of party is not discharge of his commitment fully - Carrier that transports goods or people under individual contracts for a limited number of customers - Any individual, firm, or company (other than government) engaged in business of transporting for hire, goods from place to place for all person indiscriminately. - Money paid by a defendant to a successful plaintiff in civil cases to compensate the plaintiff for his or her injuries - Fee charged for unreasonably delaying equipment of a common carrier - Contract that has been completely carried out - Contract which is in progress i.e. atleast any of party is not discharge of his commitment fully

these are the question

- A. B. C. D. E. F. G. H. I. J.

Carrier that transports goods or people under individual contracts for a limited number of customers

- A. B. C. D. E. F. G. H. I. J.

Any individual, firm, or company (other than government) engaged in business of transporting for hire, goods from place to place for all person indiscriminately.

- A. B. C. D. E. F. G. H. I. J.

Money paid by a defendant to a successful plaintiff in civil cases to compensate the plaintiff for his or her injuries

- A. B. C. D. E. F. G. H. I. J.

Fee charged for unreasonably delaying equipment of a common carrier

- A. B. C. D. E. F. G. H. I. J.

Contract that has been completely carried out

- A. B. C. D. E. F. G. H. I. J.

Contract which is in progress i.e. atleast any of party is not discharge of his commitment fully

one of the options from here needs to be selected

A.

Collateral

B.

Common Carrier

C.

Executed contract

D.

None

E.

Damages

F.

Acceptance

G.

Executory contract

H.

Demurrage

I.

Breach of Contract

J.

Private Carrier

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