Deck : Deck General - 3045/5076
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| Your vessel is disabled and in imminent danger of grounding on a lee shore. The Master agrees to salvage services using Lloyd's Open Form of Salvage Agreement. Which is TRUE? |
| A) The salvage service is on a "no cure-no pay" basis. |
| B) The salvor becomes the owner of the vessel until the salvage award, if any, is paid. |
| C) The salvage award will be decided by suit in Admiralty Court. |
| D) Underwriters will repudiate the agreement if it is unsuccessful, due to their increased liability. |
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