________ is the reward given to persons who voluntarily assist a sinking ship or recover its cargo from peril or loss.

Question

Quizplus · Accepted Answer

The reward given to persons who voluntarily assist a sinking ship or recover its cargo from peril or loss is known as salvage. This is a common term in admiralty law and is a way to incentivize people to come to the aid of vessels in distress. Gift in causa mortis (A) is a gift made in anticipation of imminent death, Chose in action (B) refers to a legal right to enforce an obligation against another party, and Severalty (D) refers to ownership of property by a single person rather than as a group. None of these are directly related to the reward for assisting a sinking ship.

________ Is the Reward Given to Persons Who Voluntarily Assist