Author Question: Based on the information in Table 4-2, the average collection period is A) 127 days. B) 70 days. ... (Read 655 times)

mckennatimberlake · **on:** Jul 11, 2018

Based on the information in Table 4-2, the average collection period is

A) 127 days. B) 70 days. C) 89 days. D) 81 days.

Question 2

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