An ocean transfer cargo ship

Reference no: EM131046890

An Ocean Transfer cargo ship was forced to jettison some cargo during a severe storm. The various interests in the voyage at the time the property was jettisoned are the following: The captain jettisoned iron ore valued at $800,000. What is the amount that Ocean Transfer must pay under a general average loss? Explain your answer

Reference no: EM131046890

Questions Cloud

What percent of the variation in price at the grocery store : What percent of the variation in price at the grocery store is explained by the linear relationship between the stores' prices

What are the legal requirements and liabilities for grc : 1. What are the legal requirements and liabilities for GRC? How have other organizations addressed similar situations? 2. Who are the stakeholders?

Write a paper on harassment - discrimination prevention tips : Write on a two page double spaced paper utilizing three references. The easiest way to find information is to do a google search.

Can marshall and wyatt validly refuse to surrender : Can Marshall and Wyatt validly refuse to surrender the subpoenaed working papers to the IRS? Explain

An ocean transfer cargo ship : An Ocean Transfer cargo ship was forced to jettison some cargo during a severe storm. The various interests in the voyage at the time the property was jettisoned are the following:

Essence of project management : Consider the following statement: "The essence of project management is risk management." What does it mean in terms of completing a project successfully? Support your response with evidence from the readings or other materials. Be sure to use APA..

Determining the balance sheet of the company : On April 1, 2013, stock of Rs. 2,25,000 was destroyed by fire. The company closes its account on 31st March. If the balance sheet of the company on 31st March, 2013 was finalized on 25th April, 2013, then the balance sheet will show the closing st..

Investigate the possibility of related parties : List the circumstances at D'orsay Dore that may indicate the existence of unidentified related parties. C. What audit procedures should Clement & Grandcourt perform to investigate the possibility of related parties?

Quantitative and qualitative requirements : Please state your perception of why you have not achieved or maintained an acceptable GPA or passed 67% of your courses Identify the steps you have taken or will be taking to improve your ability to maintain the quantitative and qualitative require..

User Account

All Pages