20:49
THATS SO FUNNY
Simple English definitions for legal terms
Read a random definition: subsequent creditor
Home port: The place where a ship is registered or where its owner lives. It's like a home for the ship.
Definition: The port that a vessel is registered or where its owner resides.
Examples:
These examples illustrate that a home port is the place where a ship is registered or where its owner resides. It is important for ships to have a home port because it determines their legal jurisdiction and where they pay taxes and fees.