Multiple Choice
The Inhabitants of Rhodes adopted a Practice, where- by, if Some Goods were lost due to Jettisoning, during Distress, the Owners of Goods (even those who lost Nothing) would bear the Losses in Some Proportion. Which Phenomenon is illustrated, in this Scenario?
A) Capitalism
B) Socialism
C) Mutual Insurance
D) Tyranny
Correct Answer:
Verified
Correct Answer:
Verified
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