Question

What did traders of Rhodes do to share losses if any of them lost their goods due to jettison?

a.

They sent their goods in different ships.

b.

They paid extra money to their lenders.

c.

They practiced advance payment for funeral expenses.

d.

They formed Benevolent Societies.

Posted under IC38 Life Insurance Agent Exam

Answer: (a).They sent their goods in different ships. Explanation:Traders of Rhodes shared losses if any of them lost their goods due to jettison by sending their goods in different ships.

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Q. What did traders of Rhodes do to share losses if any of them lost their goods due to jettison?
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