A more thorough explanation:

Definition: Accomenda (ak-uh-men-duh) is a historical maritime law contract between a cargo owner and a shipmaster. The contract involves the sale of the cargo, and the parties agree to divide the profits after deducting the owner's costs. The contract consists of two agreements: a mandatum, where the owner gives the shipmaster the power to dispose of the cargo, and a partnership contract, where the parties divide any profits arising from the sale.

Example: A cargo owner and a shipmaster enter into an accomenda contract. The cargo owner gives the shipmaster the power to sell the cargo, and they agree to divide the profits after deducting the owner's costs. The shipmaster sells the cargo and earns a profit of $10,000. After deducting the owner's costs of $2,000, they divide the remaining profit of $8,000 equally.

The example illustrates how an accomenda contract works, where the cargo owner and the shipmaster agree to sell the cargo and divide the profits.