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Ocean Marine Exposure |
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Ocean Marine Exposure The risk that a good being transported over water will be lost or destroyed. For example, the buyer of such a good carries the risk that the ship will sink with the good on board or that damage from weather will render the good unusable. Most of the time either the buyer or the seller is required to purchase marine cargo insurance to protect against ocean marine exposure. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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