When a ship overstays the allowed number of days at the port, it is made to pay?

By: |Published on: Mar 16|Categories: Commerce WAEC| 0 comments

A. interest
B. tariff
C. demurrage
D. commission

Correct Answer: Option A

Explanation

Demurrage is a charge payable to the owner of a chartered ship on failure to load or discharge the ship within the time agreed.

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