The lender of money on bottomry or respeondentia has an insurable interest in respect of the loan.
以、货为抵押物的贷款方对其贷款有保险利益。
The lender of money on bottomry or respeondentia has an insurable interest in respect of the loan.
以、货为抵押物的贷款方对其贷款有保险利益。
If the ship's owner fails to repay the loans the bank can exercise bottomry and dispose of the ship.
如果东未能偿还贷款,银行可行使权利处置作为抵押的只。
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