WAEC Commerce 2014 Theory — Question 27
Question 27 of 50 from the West African Examinations Council (WAEC) Commerce 2014 Theory paper, with the correct answer and a full explanation.
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The throwing of goods overboard to prevent a ship from sinking is known as
- A. floatsam
- B. abandonment
- C. jettisonCorrect
- D. particular average
Explanation
When goods are thrown overboard into the sea to prevent sinking, this is referred to as jettison.
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