A cargo insurable interest that ceases during the transit for reasons other than maritime perils. A merchant, who is entitled to reject goods because of default by the seller, has defeasible interest which is insurable.
The Rantings of the barely human.
A cargo insurable interest that ceases during the transit for reasons other than maritime perils. A merchant, who is entitled to reject goods because of default by the seller, has defeasible interest which is insurable.