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Monday, August 18, 2014

Bar exams Question in Mercantile law

try to answer bar exams questions on your own to check if your ready to take the bar. simple test can really make a difference. one should be familiarized with the doctrines explained by the Supreme Court. question no. 17. Explain these two doctrines in Maritime accidents- a. the doctrine of inscrutable fault. b. the doctrine of limited liability. - - - - - -
- - - - - - -- - - - - - - - - -- - -- - Answer: a. under the doctrine of inscrutable fault, where fault is established but the it cannot be determined which of the two vessels were at fault, both shall be deemed to have been at fault. b. under the doctrine of limited liability, the exclusively real and hypothecary nature of maritime law operates to limit the liability of the shipowner to the value of the vessel, earned freightage and proceeds of the insurance. however, such doctrine does not apply if the shipowner and captain are guilty of negligence. visit as often as you can, for to be familiarized with the law.

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