Question: 1)What is the difference between a particular average and a general average loss in ocean marine insurance? What conditions must be fulfilled to have a
1)What is the difference between a particular average and a general average loss in ocean marine insurance? What conditions must be fulfilled to have a general average loss?
2)Explain the advantages of a commercial package policy to a business firm as compared to the purchase of separate policies.
3)Describe the differences between causes-of-loss in basic and special form.
Thank you in advance!
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