A、Lijiang
B、Wuzhen
C、Fenghuang
D、Ancient Liangzhu(良渚)
A、Lijiang
B、Wuzhen
C、Fenghuang
D、Ancient Liangzhu(良渚)
On April 15, 2019, a Chinese company A signed a CFR sales contract with an Egyptian company B to sell 20,000 metric tons of fertilizer to Company B. Company B took the WPA insurance policy of CIC for the cargo. The cargo ship carrying the 20,000 metric tons of fertilizer departed from the port of loading on June 24, 2019. En route to Egypt, the cargo ship caught fire and a proportion of the fertilizer was destroyed by the fire. The master of the ship ordered sea water being pumped into the cargo hold to put out fire for the purpose of saving the ship and all cargos. Finally, the fire was put out but more fertilizer was damaged by sea water during the fire fight. After the incident, the ship continued its journey to the Egyptian port with the remaining fertilizer. Questions: Based on this case, please answer the following questions. 5' 1). What type of loss is the loss of the fertilizer being destroyed by fire? Who should bear the loss? 1’+1’ 2). What type of loss is the loss of the proportion of fertilizer being damaged by sea water during the fire fight? Who should bear the loss? Why? 1’+1’+1’
On April 15, 2019, a Chinese company A signed a CFR sales contract with an Egyptian company B to sell 20,000 metric tons of fertilizer(肥料) to Company B. The cargo ship carrying the 20,000 metric tons of fertilizer departed from the port of loading on June 24, 2019. During the voyage to Egypt, the cargo ship caught fire and a proportion of the fertilizer was destroyed by the fire. The master of the ship ordered sea water being pumped into the cargo hold to put out fire for the purpose of saving the ship and all cargos. Finally, the fire was put out but more fertilizer was damaged by sea water during the fire fight. After the incident, the ship continued its journey to the Egypt port with the remaining fertilizer. Questions:Based on this case, please answer the following questions. 1) What is the nature of the loss of the fertilizer being destroyed by fire? Who should bear the loss? why? (3 points) 2) What is the nature of the loss of the proportion of fertilizer being damaged by sea water during the fire fight? Who should bear the loss? Why? (4 points) 3) Who will effect the insurance? What the least coverage should be covered if the losses can be compensated by the insurance company? Why? (3 points)
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