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Posted Date: 14 Dec 2008 Posted By: mythily Member Level: Gold
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2007 Amrita Vishwa Vidyapeetham M.B.A. Agency Studies MB 322 Dec 2007 University Question paper
M.B.A. Agency Studies MB 322 Dec 2007
Time : Three hours Maximum : 100 marks
SECTION A — (5 ? 8 = 40 marks)
Answer any FIVE questions
1. What are the functions of ship broker?
2. What do you understand by the term ‘Tramp Ship Owner’s’?
3. What are the advantages of Dry bulk Carriers?
4. Explain the term ‘Voyage Charter’.
5. When is the contract of agency is irrecoverable?
6. What are third party rights against principal in the United States?
7. What are the duties of ship agent under time charter?
8. Outline the trade relationship between agent and principal.
SECTION B — (4 × 15 = 60 marks)
Answer any FOUR questions.
9. Explain the various types of Shipping Agencies.
10. Discuss the different types of services rendered by Tramp Agency.
11. Describe the functions of boarding agents.
12. Define an agency. How an agency is created?
13. State the duties and liabilities of Principal.
14. Discuss the protection and indemnity coverage offered by ITIC.
15. Examine the elements necessary for the ship owner’s ratification of charterer’s agency nomination.
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