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Maritime Essays

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Maritime Law Essay

Maritime LawThe value of many shipments depends upon fluctuations in the currency rates,freight, handling charges, and other expenses. By means of insurance protectionwill be provided to goods from any uncontrollable variables. A contract ofMarine Insurance is defined by section 7 of the Marine Insurance Act of 1909 as:“A contract whereby the insurer undertakes to indemnify…

Maritime Law Essay

The value of many shipments depends upon fluctuations in the currency rates,freight, handling charges, and other expenses. By means of insurance protectionwill be provided to goods from any uncontrollable variables. A contract ofMarine Insurance is defined by section 7 of the Marine Insurance Act of 1909 as:“A contract whereby the insurer undertakes to indemnify the…

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