Answered step by step
Verified Expert Solution
Question
1 Approved Answer
___________ insurance uses the underwriting principle known as _____________ to assign liability to the shippers when a peril of the sea, known as a(n) __________.
___________ insurance uses the underwriting principle known as _____________ to assign liability to the shippers when a peril of the sea, known as a(n) __________.
Select one:
a. marine, general average, ramming
b. Collision, risk transfer, engine failure
c. marine, general average, jettison
d. Commercial, arbitrage, grounding
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started