A navigation error caused a cargo ship to run aground on a reef. The ship, valued at 1.5 million, was carrying 1.5 million in grain and 1.5 in electronic devices. The ship sustained a 150,000 physical damage loss.
If this loss is a particular average loss, how will the loss be settled?
A) The owners of each of the three interests are responsible for 50,000.
B) The owner of the ship is responsible for the entire 150,000 loss.
C) The two cargo owners are each responsible for 75,000 of the loss.
D) The owner of the ship is responsible for the first 100,000 of the loss, and the two cargo owners are each responsible for 25,000 of the loss.
Question 2
The characteristic line for any well-diversified portfolio is horizontal.
Indicate whether the statement is true or false
the blue of the deeper reef.
Pneumonia. This common lung inflammation may be caused by bacteria, viruses, or fungi and is often d
coral Reef
Coral Reef
A sample of reef biodiversity
Polyps of a reef-building coral