Problem

The representative of Lloyd’s Register of Shipping testified in a Houston district court i...

The representative of Lloyd’s Register of Shipping testified in a Houston district court in the fraud trial of a Houston businessman. The indictment alleged that the businessman stole 200,000 tons of oil from the Italian owner by delivering the oil to South Africa, and then scuttling the tanker to cover up the theft. The prosecutor asked the insurance representative whether the tanker could have been sunk with a full load of oil. What do you think?

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Solutions For Problems in Chapter 2.8