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Financial advisory
RES5Financial Advisory Services✓During a storm, the master of a vessel deliberately throws part of the cargo overboard to lighten and save the ship. The owner whose goods were jettisoned is compensated by:
Jettison is the classic general average act: the owner of the sacrificed goods is compensated by a general average contribution from all the interests that were saved, in proportion to their value at risk.
Treating a deliberate sacrifice for common safety as an uninsured or purely particular-average loss.
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