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With reference to the Liability Convention, consider the following statements:
  1. It came into force in 1972 and deals only with damage caused by space objects to other space assets.
  2. The Convention makes the launching country “absolutely liable” to pay compensation for  any damage caused by its space object.
  3. The provision of the Convention has resulted in compensation payment only once to the U.S.A by Canada.
How many statements given above are correct? 
  • a)
     Only one
  • b)
     Only two 
  • c)
     All three
  • d)
     None
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
With reference to the Liability Convention, consider the following sta...
Incorrect Statements:
The first statement is incorrect as the Liability Convention came into force in 1972 and deals not only with damage caused by space objects to other space assets but also with damage caused by space objects to persons and property on Earth.

Correct Statements:
The second statement is correct. The Liability Convention does make the launching country "absolutely liable" to pay compensation for any damage caused by its space object.

Incorrect Statements:
The third statement is incorrect. While the Liability Convention has led to a few cases of compensation payments, it was not only once to the U.S.A by Canada. There have been other instances where compensation has been paid to countries for damage caused by space objects.
Therefore, the correct answer is option A) Only one.
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Community Answer
With reference to the Liability Convention, consider the following sta...
Convention on International Liability for Damage Caused by Space Objects
  1. This convention is one of the several international agreements that complement the Outer Space Treaty, the overarching framework guiding the behaviour of countries in space.
  2. The Liability Convention came into force in 1972 and deals mainly with damage caused by space objects to other space assets, but it also applies to damage caused by falling objects on earth. Hence, Statement 1 is not correct.
  3. The Convention makes the launching country “absolutely liable” to pay compensation for any  damage caused by its space object on the earth or to a flight in air. Hence, Statement 2 is  correct.
 The country where the junk falls can stake a claim for compensation if it has been damaged by the falling object.
 The amount of compensation is to be decided “in accordance with international law and  the principles of justice and equity”.
  • This provision of the Convention has resulted in compensation payment only once so far — when Canada sought damages from the then Soviet Union, for a satellite with radioactive substance that fell into an uninhabited region in its northern territory in 1978. The Soviet Union is reported to have paid 3 million Canadian dollars. Hence, Statement 3 is not correct.
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With reference to the Liability Convention, consider the following statements: It came into force in 1972 and deals only with damage caused by space objects to otherspace assets. The Convention makes the launching country “absolutely liable” to pay compensation for any damage caused by its space object. The provision of the Convention has resulted in compensation payment only once to theU.S.A by Canada.How many statements given above are correct?a)Only oneb)Only twoc)All threed)NoneCorrect answer is option 'A'. Can you explain this answer?
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