0
Your cart

Your cart is empty

Browse All Departments
  • All Departments
Price
  • R5,000 - R10,000 (1)
  • -
Status
Brand

Showing 1 - 1 of 1 matches in All Departments

Effects of Insurance on Maritime Liability Law - A Legal and Economic Analysis (Hardcover, 2014): Muhammad Masum Billah Effects of Insurance on Maritime Liability Law - A Legal and Economic Analysis (Hardcover, 2014)
Muhammad Masum Billah
R5,480 Discovery Miles 54 800 Ships in 12 - 17 working days

The book examines how the absence of insurance in the past led to some special maritime liability law principles such as 'general average' (i.e., losses or expenses shared by all the parties to a maritime adventure) and the limitation of shipowners' liability. In the absence of insurance, these principles served the function of insurance mostly for shipowners. As commercial marine insurance is now widely available, these principles have lost their justification and may in fact interfere with the most important goal of liability law i.e., deterrence from negligence. The work thus recommends their abolition. It further argues that when insurance is easily available and affordable to the both parties to a liability claim, the main goal of liability law should be deterrence as opposed to compensation. This is exactly the case with the maritime cargo liability claims where both cargo owners and shipowners are invariably insured. As a result, the sole focus of cargo liability law should be and to a great extent, is deterrence. On the other hand in the vessel-source oil pollution liability setting, pollution victims are not usually insured. Therefore oil pollution liability law has to cater both for compensation and deterrence, the two traditional goals of liability law. The final question the work addresses is whether the deterrent effect of liability law is affected by the availability of liability insurance. Contrary to the popular belief the work attempts to prove that the presence of liability insurance is not necessarily a hindrance but can be a complementary force towards the realization of deterrent goal of liability law.

Free Delivery
Pinterest Twitter Facebook Google+
You may like...
Understanding the Purpose and Power of…
Myles Munroe Paperback R280 R258 Discovery Miles 2 580
ASUS Vivobook Go E1504FA-O58512GR0W…
R12,429 Discovery Miles 124 290
Loot
Nadine Gordimer Paperback  (2)
R383 R346 Discovery Miles 3 460
Mercury: Act 1
Imagine Dragons CD R467 Discovery Miles 4 670
Acer Nitro VG240Y 24" Gaming Monitor
R2,999 Discovery Miles 29 990
Loot
Nadine Gordimer Paperback  (2)
R383 R346 Discovery Miles 3 460
Scottish Dances Vol 6
Cook Drummond, Scd Band CD R506 Discovery Miles 5 060
Revealing Revelation - How God's Plans…
Amir Tsarfati, Rick Yohn Paperback  (5)
R199 R183 Discovery Miles 1 830
Bosch GBM 320 Professional Drill…
R799 R734 Discovery Miles 7 340
Loot
Nadine Gordimer Paperback  (2)
R383 R346 Discovery Miles 3 460

 

Partners