Question
Charter party
Answer :
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A Charterparty is a maritime contract between a shipowner and a " charterer" for the hire of either a ship for the carriage of passengers or cargo, or a yacht for pleasure purposes.
The name "charterparty" is from the French charte partie, or "split paper", i.e. a document written in duplicate so that each party retains half. The Latin term charta partita is a back-formation, and not a true etymological source.
There are three
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