The rubber harvested for the month of July on the Permata estate was 8,391 Ib, LR ae "GE" mevenntite information "that containing, a great subjects.
Ts force majeure an act of God? Many would say that this would be the best definition for it. Tt hi however, a wider significance cause it includes besides the effects Jot an act of God the results vf an act of man.
What is general average? We had a hazy idea of the meaning of this term, but it is now much more clearly cut. General average isa sacrifice made by expenditure incurred ina common interest, stich as the pouring of water on eatygo in fa ship to extinguish a fire. Some of the cargo in the neighbourhood the fire may be damaged, possibly I the cargo, but the cost of the damage ix. justly spread over all interests, The jettivoning: of cargo to lighten a ship is also a common interest, so that the cost of the frat jettisoned would be averaged up with the remaining cargo. "An instance of jettison ix recalled in the ease of Greek captain who stated that he had thrown his watch overboard to lighten the vessel, the Intention being that the cost of providing a new one should be borne by the ship and cargo. 'The terms fob. cif, coely und ey eter, are fully' dealt' with and make the book fan invaluable one to mercantile offices.
"Trade Term Definitions" by Maughan. Efingham Wilson, London:
Text read from the printed page and cleaned; old type leaves the occasional error.