An Inter-Ocean Transfer cargo ship was forced to jettison some cargo in heavy seas. If $400,000 worth of iron ore was jettisoned, for how much of this amount would Inter-Ocean Transfer be responsible under general average?

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An Inter-Ocean Transfer cargo ship was forced to jettison some cargo in heavy seas. If $400,000 worth of iron ore was jettisoned, for how much of this amount would Inter-Ocean Transfer be responsible under general average?

A) nothing
B) $160,000
C) $200,000
D) $400,000

Answer: B

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