This topic contains a solution. Click here to go to the answer

Author Question: There are a number of implied warranties in ocean marine insurance. One implied warranty is that the ... (Read 95 times)

rlane42

  • Hero Member
  • *****
  • Posts: 594
There are a number of implied warranties in ocean marine insurance. One implied warranty is that the vessel is properly constructed and maintained, and that it is properly equipped for the voyage to be undertaken. This implied warranty is the warranty of
 
  A) seaworthiness.
  B) barratry.
  C) no deviation from planned course.
  D) legal purpose.

Question 2

The Sarbanes-Oxley Act, or SOX
 
  A) holds corporate advisors strictly accountable in a legal sense for any instances of misconduct.
  B) pretexts the interests of shareholders by providing greater protection against accounting
  fraud and financial misconduct.
  C) reduces the cost of financial reporting by standardizing reporting requirements.
  D) accomplishes both A and B.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

leahm14

  • Sr. Member
  • ****
  • Posts: 322
Answer to Question 1

Answer: A

Answer to Question 2

D




rlane42

  • Member
  • Posts: 594
Reply 2 on: Jul 11, 2018
Excellent


TheDev123

  • Member
  • Posts: 332
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

The B-complex vitamins and vitamin C are not stored in the body and must be replaced each day.

Did you know?

There are actually 60 minerals, 16 vitamins, 12 essential amino acids, and three essential fatty acids that your body needs every day.

Did you know?

Acute bronchitis is an inflammation of the breathing tubes (bronchi), which causes increased mucus production and other changes. It is usually caused by bacteria or viruses, can be serious in people who have pulmonary or cardiac diseases, and can lead to pneumonia.

Did you know?

Most fungi that pathogenically affect humans live in soil. If a person is not healthy, has an open wound, or is immunocompromised, a fungal infection can be very aggressive.

Did you know?

The people with the highest levels of LDL are Mexican American males and non-Hispanic black females.

For a complete list of videos, visit our video library