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Simple English definitions for legal terms

general average

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A quick definition of general average:

General average is a rule in maritime law that says if a ship or its cargo is intentionally sacrificed to avoid total loss, the cost of the sacrifice is shared by all parties involved in the voyage. This means that everyone who had an interest in the voyage, whether for the vessel or cargo, contributes to the loss sustained by some of the parties for the benefit of all. It is an exception to the principle of particular average, which means that any accidental partial loss or damage is borne solely by the person who suffered the loss. General average is an ancient principle that has been around for a long time.

A more thorough explanation:

Definition: General average is a term used in maritime law to describe a situation where intentional partial sacrifice of ship or cargo is made to avoid total loss. The liability for the loss is shared by all parties who had an interest in the voyage.

Examples: If a ship is in danger of sinking, the captain may decide to throw some cargo overboard to lighten the load and keep the ship afloat. The cost of the lost cargo is then shared by all parties involved in the voyage, including the ship owner, cargo owner, and insurers.

Another example could be if a ship is hijacked by pirates and the crew has to pay a ransom to secure their release. The cost of the ransom would be considered a general average expense and shared by all parties involved in the voyage.

Explanation: General average is an equitable principle derived from the general maritime law. It allows for the sharing of losses among all parties involved in a maritime adventure, rather than placing the burden solely on the party who suffered the loss. This principle encourages cooperation and mutual support among parties in the maritime industry.

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19:42
it was hard to not improve it. google search was terrible due to the ads and seo cheaters with buzz words and alt text
Dkk
19:42
SEO is big money
2016 pushed the conservative party into populism irreversibly
Dkk
19:43
Maybe, but if this is populism, then every election is populist.
19:43
@Dkk: yeah register 1 website and every swinging tom dick and harry calls/emails/texts to 'help with seo'. like bruh, if YOU found it, what i am doing is working
Dkk
19:43
Indeed!
19:48
wasp, i think people are hopeful for a gov who at least attempts to care about the common man
MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
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