bn:03239166n
Noun Concept
Categories: All articles with dead external links, Admiralty law
EN
general average  General average/  law of general average  periculi imminentis evitandi causa  the assessment of all which is made for the benefit of all
EN
The law of general average is a principle of maritime law whereby all stakeholders in a sea venture proportionately share any losses resulting from a voluntary sacrifice of part of the ship or cargo to save the whole in an emergency. Wikipedia
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EN
The law of general average is a principle of maritime law whereby all stakeholders in a sea venture proportionately share any losses resulting from a voluntary sacrifice of part of the ship or cargo to save the whole in an emergency. Wikipedia