1. (10%) Describe the matrix of key contracts used in the
international maritime trade. Further explain the different types of charter
parties commonly used and the three key applications of the Bills of Lading.
2. (10%) How would you best develop your relationship with
your principals?
3. (10%) What are the key points to consider when accepting
instructions from your Principal?
4. (10%) Select three different types of marine survey and
briefly describe the particular skills a surveyor would require to carry out
each of these survey types .
5. (10%) Chose and describe one example of the type of
survey that you would like to carry out and describe your preparation for this
work, including the equipment that you would take with you.
6. (10%) Outline the report to your principal on the survey
carried out in Question 5.
7. (10%) Explain the origin and role of Classification
Societies.
8. (10%) Describe briefly the development of Port State
Control; explain the reasons behind its development, its coverage and its
operation today.
9. (10%) In any business an accountant should produce three
financial statements. Explain each one.
10. (10%) Explain the meaning of Working Capital. Why is
cash flow so important especially for a small business such as a self-employed
marine surveyor?
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