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Author Question: A navigation error caused a cargo ship to run aground on a reef. The ship, valued at 1.5 million, ... (Read 151 times)

lidoalex

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on: Jul 11, 2018
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
Foundations of Finance ¦ Keown, Petty, Martin ¦ 9th Edition
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Sweetkitty24130

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Reply #1 on: Jul 11, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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lidoalex

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Reply 2 on: Jul 11, 2018
Thanks for the timely response, appreciate it

meganmoser117

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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