A particular average loss and a general average loss

Assignment Help Finance Basics
Reference no: EM131046926

a. What is the difference between a particular average loss and a general average loss in ocean marine insurance?
b. What conditions must be fulfilled to have a general average loss?

Reference no: EM131046926

Questions Cloud

Identify factors that may interfere with training goals : Identify three factors that may interfere with the accomplishing your training goals. You may include internal or external variables. You may also include some of your own personal obstacles that kept you from achieving your goal.
Why was it not followed up : In many instances, the invoices were prepared without knowledge of the customer.
Organizations such as events like graduations : The company will compete other businesses in the industry and will have the competitive advantage because where are going to extend the market to smaller organizations such as events like graduations.
Determine whether the amortization period is reasonable : In auditing intangible assets, an auditor most likely would review or recompute amortization and determine whether the amortization period is reasonable in support of management's financial statement assertion of:
A particular average loss and a general average loss : a. What is the difference between a particular average loss and a general average loss in ocean marine insurance?b. What conditions must be fulfilled to have a general average loss?
Question regarding the breach of contract : The businesses are being sued for breach of contract. Create a matrix that lists each business, and compare and contrast your personal liability exposure as an owner as a result of the lawsuit.
Evaluate whether management''s controls operated effectively : Evaluate whether management's controls operated effectively.
Following ocean marine insurance coverages : Explain the following ocean marine insurance coverages: a. Hull insurance
Write a brief matters for attention of partners memo : Write a brief Matters for Attention of Partners memo about Mneme Monos to your managing partner, Abderus Calliope, including a cover page.

Reviews

Write a Review

Finance Basics Questions & Answers

  What is the preferred project does your answer change if

an entrepreneur has to decide between two possible investment projects. both projects cost 80.000 upfront. the short

  What are the constraints in conducting an effective value

what are the constraints in conducting an effective value chain analysis?what can be done to mitigate or overcome

  The kenneth parks companys taxable income and tax

the kenneth parks companys taxable income and tax paymentsliability for the years 2003 through 2008 are given

  If the per-year interest rate is 10 for each of the next 5

if the per-year interest rate is 10 for each of the next 5 years what is the annualized total 5-year rate of

  Find probability that none is related to a kidney problem

About 30% of hospital admissions for diabetic patients because of some kidney problems. In a sample of 10 diabetic admissions, find the probability that none is related to a kidney problem?

  Cost of goods sold is rs 200000 inventory turnover is 8

cost of goods sold is rs 200000. inventory turnover is 8 times. stock at the beginning is 1.5 times more than stock at

  Which alternative is acceptable for mr. a and why

A few days ago, Mr. A has purchased a lottery. Fortunately, he has received a letter from the lottery officials that he has won that lottery. Additionally, it has been mentioned in the letter that he has to choose between one of the two given alte..

  How to prepare journal entries to record the events

During April, $79,000 of raw materials were requisitioned from the storeroom for use in production. These raw materials included both direct and indirect materials.

  Which one of the following is a drawback of cash dividends

Which one of the following is a drawback of cash dividends?

  Discuss the tendency of ratios to fluctuate over time

discuss the tendency of ratios to fluctuate over time explain how accounting practices seasonality economy competitors

  Find the investment with higher returns

You are trying to select between two different investments, both of which have up-front costs of $65,000. Investment M returns $135,000 in 6-years.

  Find the maximum price per share

Dunbar Hardware, a national hardware chain, is planning buying a smaller chain, Eastern Hardware. Dunbar's analysts project that the merger will result in incremental free flows and interest tax savings with a combined present value of $72.52 million..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd