What is an example of the term "Restraint of...

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Question 1 of 2066636ee728f7522a1c517ad6

What is an example of the term "Restraint of Rulers, Princes, or Peoples" in a marine insurance policy?

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Question 1 of 20

66636ee728f7522a1c517ad6

What is an example of the term "Restraint of Rulers, Princes, or Peoples" in a marine insurance policy?

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🔍 Key Concepts

• Meaning of the clause "Restraint of Rulers, Princes, or Peoples" in traditional marine insurance wording • Difference between private acts (like riots or accidents) and sovereign/government acts (like embargoes or official prohibitions) • How government interference with trade or navigation is treated under marine policies

💭 Think About

• Ask yourself: Which choice clearly involves an action by a sovereign authority or government power restricting the vessel or cargo? • Which options are mainly about crowd behavior, accidents, or legal consequences, rather than a deliberate order that stops trade or movement? • Consider which option best reflects an official restraint on the voyage or loading/unloading, rather than damage or loss that happens after operations begin.

✅ Before You Answer

• Identify which choices involve an official order or prohibition from a government or similar authority. • Separate situations that are consequences of wrongful acts (like fines or pollution) from situations that are preventive restraints stopping the voyage or cargo movement. • Verify which option most closely matches the idea of interference with the freedom of commerce or navigation by a public authority, as used in marine insurance language.

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Question 1 of 2066636ee728f7522a1c517ad6

What is an example of the term "Restraint of Rulers, Princes, or Peoples" in a marine insurance policy?

Back

Question 1 of 20

66636ee728f7522a1c517ad6

What is an example of the term "Restraint of Rulers, Princes, or Peoples" in a marine insurance policy?

No comments yet

Be the first to share your thoughts!

If the question has a related picture, it will appear here.

🔍 Key Concepts

💭 Think About

✅ Before You Answer

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