In the transportation industry, dead freight is used to describe the
A. cost paid for an empty space left in the ship B. charge for each day a performance was delayed C. persons that hire a ship for a specific purpose D. cost of shipping a particular cargo for a specific voyage
Correct Answer: A
Explanation
Dead freight is the amount paid by or recoverable from a charterer of a ship for such part of the ship's capacity as the charterer has contracted for but fails to occupy also. it is simply payment for the unoccupied space in chartered  ship.