Marine Insurance Its Principles And Practice
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In our eReader you can find the full English version of the book. Read Marine Insurance Its Principles And Practice Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Marine Insurance Its Principles And Practice
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$oo The warehouse rent of the cargo during the effecting of repairs to the vessel which, in the circumstances, would form a special charge on the cargo, would amount to, say . . 200 And the cost of reloading the t cargo and the outward port charges which, in the circum- stances, would be a special charge on freight, would amount to, say . . . . . . 500 The expenditure necessitated at the port of refuge (exclusive of the cost of repairs to the vessel) would consequently be . . . . 1200 But suppo...se instead of incurring this expense at the port of refuge the vessel could be towed to her port of destination for the sum of only ^"240, or one-fifth of the expense which would be necessitated by repairing at the port of refuge, and that this cheaper method was rightly and prudently adopted, the ^240 must be apportioned in same rates as the greater expense of 1200: Substituted expenses General average . . ^"500 will bear . . . . 100 Cargo (special charge) 200, . . . . 40 Freight, 500, . . . . 100 1200 Total ^240 RAISING FUNDS.
What to read after Marine Insurance Its Principles And Practice?
You can find similar books in the "Read Also" column, or choose other free books by Frederick Templeman to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
$oo The warehouse rent of the cargo during the effecting of repairs to the vessel which, in the circumstances, would form a special charge on the cargo, would amount to, say . . 200 And the cost of reloading the t cargo and the outward port charges which, in the circum- stances, would be a special charge on freight, would amount to, say . . . . . . 500 The expenditure necessitated at the port of refuge (exclusive of the cost of repairs to the vessel) would consequently be . . . . 1200 But suppo...se instead of incurring this expense at the port of refuge the vessel could be towed to her port of destination for the sum of only ^"240, or one-fifth of the expense which would be necessitated by repairing at the port of refuge, and that this cheaper method was rightly and prudently adopted, the ^240 must be apportioned in same rates as the greater expense of 1200: Substituted expenses General average . . ^"500 will bear . . . . 100 Cargo (special charge) 200, . . . . 40 Freight, 500, . . . . 100 1200 Total ^240 RAISING FUNDS.
What to read after Marine Insurance Its Principles And Practice?
You can find similar books in the "Read Also" column, or choose other free books by Frederick Templeman to read onlineMoreLess
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