Which of the following terms refers to a contribution by those jointly involved in a maritime venture to make good the loss by one of them for his voluntary sacrifice of a part of the ship or cargo to save the residue of the property and the lives on
board, or for the extraordinary expenses necessarily incurred for the benefit and safety of all?
A. dead freight
B. maritime lien
C. general average
D. particular average
C
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What does ISO stand for?
A) Industry Standards Organization B) International Safety Organization C) Industrial Safety Organization D) International Standards for Oxygen E) International Organization for Standardization
A franchisee ordinarily does not pay a fee for a franchise license (the privilege of being granted a franchise)
Indicate whether the statement is true or false
For a firm that makes heavy use of net float, being able to forecast collections and disbursement check clearings is essential.
Answer the following statement true (T) or false (F)
The probability of reaching an absorbing state is given by the
a. R matrix. b. NR matrix. c. Q matrix. d. (I ? Q)?1 matrix