Which terms of the above are taken in consideration for FREIGHT PAYMENT and FREIGHT INVOICE and how.

Becarful this is Shipping. Refer to pages 14-15 in the file i have send you. Its assignment 3.

Please study the following terms:

– CONTRACT SPEED

– ACT OF GOD

– CHARTER PARTY ATTENDUM

– BALLAST BONUS

– LAYCAN

– LAYTIME

– DEVIATION CLAUSE

– BILL OF LADING

– FREIGHT INVOICE

– BROKERAGE COMMISION

– DEMURRAGE

– STATEMENT OF FACTS (SOF)

1. Provide definition of each term
2. Example on each term to be provided
3. Which terms of the above included at charter party contracts : SINGLE VOYAGE/TIME CHARTER/BAREBOAT separately providing explanations.
4. Which terms of the above are taken in consideration for FREIGHT PAYMENT and FREIGHT INVOICE and how.