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P&I and H&M Insurance for Smart Yachts, Evaluation of the Concept of “Causa Proxima” and the Liability of the Insurer

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b.Expenditures Are Useless

It is important to understand what is meant by the expression in Article 1426 (1)…

a.Condition of Reasonableness
5.Obligation to Discharge Indemnity (or Obligation for Indemnification)