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Simple English definitions for legal terms

general-average contribution

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A quick definition of general-average contribution:

A general-average contribution is when everyone involved in a commercial voyage, whether it's the ship or the cargo, shares the cost of a loss that benefits everyone. This happens when there is an intentional sacrifice of part of the ship or cargo to avoid total loss. It's an ancient principle of maritime law that is fair and equitable for all parties involved.

A more thorough explanation:

Definition: General-average contribution is a term used in maritime law to refer to a contribution made by all parties involved in a commercial voyage, whether for the vessel or cargo, towards a loss sustained by some of the parties for the benefit of all. It is also known as gross average or general-average contribution.

Examples: If a ship is in danger of sinking, the captain may decide to intentionally sacrifice some of the cargo to save the rest of the ship and its remaining cargo. In this case, the loss is considered a general average loss, and all parties involved in the voyage, including the ship owner, cargo owner, and insurers, must contribute to cover the cost of the loss. This contribution is known as a general-average contribution.

Another example of general-average contribution is when a ship is stranded and needs to be refloated. The cost of refloating the ship is considered a general average loss, and all parties involved in the voyage must contribute to cover the cost.

Explanation: General-average contribution is a way to distribute the cost of a loss or expense among all parties involved in a commercial voyage. This ensures that the burden of the loss is shared fairly among all parties, rather than falling solely on the party that suffered the loss. The examples illustrate how general-average contribution works in practice and how it can be applied in different situations.

general average | general average loss

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11:28
@glovediedthisishismom: just bite your lip,. gives good brain feel when peelin the dry skin
babycat
11:28
yeah it’s insane how much better hip flexor stretches can make you feel sometimes
11:28
Probably the most important long term mobility thing you can do
1a2b3c4d26z
11:28
Pigeon stretch GOAT
1a2b3c4d26z
11:29
Stretching was probably the biggest factor in becoming elite in my sport tbh
1a2b3c4d26z
11:29
well mobility in general
m10
11:29
Nah you wanna be wound up tight like a clock. All your parts working in synchronization, never missing a second.
BulbasaurNoLikeCardio
11:30
When I get home I think I will pull up a youtube yoga video and lay out the mat by the fireplace now, feeling guilty I haven't been stretching properly
1a2b3c4d26z
11:30
tighter you are, more potential energy you have. Your body is a spring. It's just physics
m10
11:30
Exactly.
JumpySubsequentDolphin
11:30
yoga classes stress me out
WorthlessAttractiveZombie
11:31
W&L put their scholarship info on the portal for those who were admitted 11/12
m10
11:31
Gotta always be ready to release that energy. Like if I am in a fight at the bar, I just gotta bust out a couple punches. No stretching.
JumpySubsequentDolphin
11:31
the instructor will be like "forget all of the things that youre stressing about" which reminds me of all of the things im stressing about
BulbasaurNoLikeCardio
11:32
I am too competitive to do yoga classes with other people. Try to stretch better or further then hurt myself lmao I am beyond competitive in anything physical.
babycat
11:32
if you guys all pay me to be your lsat tutor I can afford to do Pilates classes
JumpySubsequentDolphin
11:32
hot yoga was fun
JumpySubsequentDolphin
11:32
i loved barre and pilates when i did them together
m10
11:33
Here's an article from Testosterone nation for all you men out there on why stretching is bullshit. https://archive.t-nation.com/training/stretching-is-b-s/
snow
11:36
M so close to crashing out
BulbasaurNoLikeCardio
11:36
@babycat: If the person I am mentoring decides to listen to my advice instead of just discussing my advice I will pay you to tutor her. You seem like a smart, good and well put together person that she can probably learn well from.
babycat
11:37
Aw that’s so sweet Bulbasaur <3
11:39
@m10: stretching absolutely helps with tight tendons lol
11:39
now kiss
m10
11:40
@EvolBunny: Indeed! I am just riffing. Practicing for when I get into Chicago and do standup there on the weekends and get mad pussy.
11:40
You only do cardio on the weekends ;)
babycat
11:40
@m10: I have a friend that does this but he doesn’t get mad pussy
m10
11:40
I'll work that in! Sounds like a good way to segway.
m10
11:41
@babycat: yeah, well unlike 99.99% of people who do standup I will.
BulbasaurNoLikeCardio
11:41
To do stand up comedy you have to have fat balls, that is awesome
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