A common carrier is not held liable for the loss of a shipper's goods when the loss results from:
a. Negligence of the carrier.
b. An act of God.
c. Collapse of a bridge.
d. An insured peril.
Ans: b. An act of God.
Business
You might also like to view...
A free market economy is one in which resources are primarily owned and controlled by the private sector
Indicate whether the statement is true or false
Business
Income from some long-term contracts can be reported using the completed contract method for regular income tax purposes, but the percentage of completion method is required for AMT purposes for all long-term contracts
a. True b. False Indicate whether the statement is true or false
Business