1. 2.18 What is Net Standard Volume (NSV)?1) a. The total volume of all petroleum liquids, excluding sediment and water and free water, corrected to a standard temperature by the appropriate volume correction factor for the observed temperature and density
2) b. The total volume of all petroleum liquids, excluding sediment and water, but including free water, corrected to a standard temperature by the appropriate volume correction factor for the observed temperature and density
3) c. The total volume of all petroleum liquids and free water, excluding sediment and water, corrected to a standard temperature by the appropriate volume correction factor for the observed temperature and density
4) d. The total volume of all petroleum liquids and sediment and water and free water, corrected to a standard temperature by the appropriate volume correction factor for the observed temperature and density
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2. 2.31 What is the term for the amount to be paid by the Charterer if a vessel is delayed beyond the terms allowed in the Charter Party?1) a. Dispatch money
2) b. Demurrage
3) c. Disbursement
4) d. Penalty money
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3. 2.05 What does the abbreviation S&W stand for?1) a. Sand and Water
2) b. Sediment and Waste
3) c. Scale and Water
4) d. Sediment and Water
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4. 2.37 How is draft defined?1) a. The vertical distance from the surface of the water to the keel of the ship
2) b. The vertical distance from the deck of the ship to the surface of the water
3) c. The vertical distance from the Plimsoll mark to the bottom of the ship
4) d. The vertical distance from the Plimsoll mark to the deck
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5. 2.30 What is ullage?1) a. The depth of the empty space above the liquid in a tank
2) b. The height of the free water in a tank
3) c. The length of an ullage tape
4) d. The depth of the liquid in a tank
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