School/Faculty: HITL DEPARTMENT: General Studies LECTURER(S): Mr. Langsi P.

Level: 200 SEMESTER: Second Academic Year: 2017/2018

P.O BOX 39 Bambili

REPUBLIC OF CAMEROON

Peace-Work-Fatherland

Critically analyse the importance of the principles of Insurable interest and

“Uberrimae Fidel”, in particular the duties and responsibility of the cargo owner

(the insured) with regard to the cargo being shipped. (20 marks)

Question 2

Examine the difference between contract and pure salvage, in your answer, assess

the circumstances under which such salvage activities might be considered as

being low or high risk (20 Marks)

Question 3

Analyse in depth, the differences between Total Loss and Partial Loss and the

circumstances under which type of loss would apply (20 Marks)

All the Best