An Inter-Ocean Transfer cargo ship was forced to jettison some cargo in heavy seas.The various interests in the voyage at the time the property was jettisoned were
If $400,000 worth of iron ore was jettisoned,for how much of this amount would Inter-Ocean Transfer be responsible under general average?
A) nothing
B) $160,000
C) $200,000
D) $400,000
Correct Answer:
Verified
Q22: All of the following statements about inland
Q23: All of the following statements about the
Q25: The exterior walls,the roof,and the plumbing,heating and
Q25: One type of commercial property insurance excludes
Q28: One inland marine coverage form is the
Q30: Which of the following statements describes a
Q34: Reimbursement for spoilage of frozen food caused
Q34: Which of the following statements about ocean
Q37: Which of the following statements about the
Q40: Which of the following statements about ocean
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents