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There Are a Number of Implied Warranties in Ocean Marine

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There are a number of implied warranties in ocean marine insurance.One implied warranty is that the vessel is properly constructed and maintained,and that it is properly equipped for the voyage to be undertaken.This implied warranty is the warranty of


Definitions:

Firm Language

Language that is assertive and direct, often used in formal writing or in professional settings to convey certainty.

Displeasure

A feeling of unhappiness or annoyance, often resulting from disappointment or disapproval.

Refusing Requests

The act of denying or declining a request or proposal from another party.

Goodwill

An intangible asset representing the value of a business's reputation, brand, or positive customer relations, often considered during acquisitions.

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