In marine insurance, when a particular cargo is thrown into the sea in order to prevent the ship from sinking, the type of marine loss is?

By: |Published on: Mar 17|Categories: Commerce WAEC| 0 comments

A. particular average loss
B. general average loss
C. total average loss
D. constructive average loss

Correct Answer: Option B

B. general average loss

Users Also Read These:

SEE ALSO  A cheque drawn by a bank official on the bank's deposits in another bank on a customer's instruction is known as?

Copyright warnings! Do not copy.