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WAEC Commerce 2014 Question 27

Question 27

Insurance

The throwing of goods over board to prevent a ship from sinking is known as

  1. A.floatsam.
  2. B.abandonment.
  3. C.jettison.
  4. D.particular average.
Show the answer and explanation

Answer: C (jettison.)

Explanation

Jettison is throwing cargo overboard to save the ship.