An insurance loss that affects specific interest only. There are two kind or particular average losses: the total losses of a part of goods, and the arrival of goods at destination in damaged condition. Total loss: in this situation, it…
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Between the seller and the buyer, that party who has the most to lose in the event of damage or loss to a shipment, such as: Unpaid sellers, especially if the problem occurs before the point where their responsibility for…
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