Which of the following coverage usually covers partial loss or damage resulting from natural calamities？（）A、ICC（B）B、All risksC、WAD、FPA

________ shall be liable for loss of and damage to the vessel and／or goods arising or resulting from inaccuracies in stating the description，quantity，weight，measurement or contents．

A.The Shipowner

B.The Merchant

C.The Carrier

D.Both the Merchant and the Carrier

Any partial loss or damage shall be ______ pro rata on the basis of such declared value.

A.adjusted

B.arranged

C.determined

D.fixed

Many companies self insure against some risk. Problems which can arise from self-insurance include:

A failure to reserve funds to handle worst case scenarios (low probability events) resulting in severe financial damage to the company

B stiff competition from insurance companies

C confusion of business risks with insurable risks.

D A and C

E All of the above.

A “loose” tow may cause all of the following EXCEPT ______．

A.loss of maneuverability

B.lines to part

C.damage to the towing vessel and tow

D.a saving in the transit time

A Certificate of Financial Responsibility attests that the vessel ______.

A.has financial backing to meet any liability resulting from the discharge of oil

B.has the minimum required amount of P & I and hull insurance

C.will assume the responsibility for any damage or loss to the shipper

D.has financial reserves to meet reasonable expected crew costs of an intended voyage

In the case of ________ the Insured ship，this Company shall be liable for the reasonable costs of replacements and repairs．

A.loss of or damage to

B.a partial loss to

C.the missing of

D.a total loss of

According to the Insurance Terms of PICC，All Risk covers ______.

A.total and partial loss

B.4／4 collision liability

C.general average

D.all of the above

163 Many companies self insure against some risk. Problems which can arise from self-insurance include:

A. failure to reserve funds to handle worst case scenarios (low probability events) resulting in severe financial damage to the company

B. stiff competition from insurance companies

C. confusion of business risks with insurable risks.

D. A and C

E. All of the above

The Insurance Company shall be liable for ______.

A.loss or damage caused by unseaworthiness of the insured ship

B.demurrage of the insured ship and other indirect expenses

C.reasonable expenses for ascertaining the loss or damage within the scope of Cover

D.A，B，C are all wrong

The carrier shall not be liable for the loss of or damage to the goods occurred during the period of carrier's responsibility arising or resulting from any of the following causes except ______．

A.Fire，unless caused by the actual fault of the carrier

B.Force majeure and perils，dangers and accidents of the sea or other navigable waters

C.War or armed conflict

D.Intentional misconducts by the crew members on board the ship against the carrier