Conditions Required
Although salvage laws vary from one country to another, generally there are conditions that must be met to allow a claim of salvage. The article under salvage must be fit into certain recognized categories. The vessel must be in peril, which is defined broadly. The person rendering aid (the "salvor") must be acting voluntarily and under no pre-existing contract. Finally, the salvor must be successful in his efforts, though payment for partial success can be granted in certain circumstances.
Read more about this topic: Law Of Salvage
Famous quotes containing the words conditions and/or required:
“The depth and strength of a human character are defined by its moral reserves. People reveal themselves completely only when they are thrown out of the customary conditions of their life, for only then do they have to fall back on their reserves.”
—Leon Trotsky (1879–1940)
“One who has not only the four S’s, which are required in every good lover, but even the whole alphabet; as for example ... Agreeable, Bountiful, Constant, Dutiful, Easy, Faithful, Gallant, Honourable, Ingenious, Kind, Loyal, Mild, Noble, Officious, Prudent, Quiet, Rich, Secret, True, Valiant, Wise; the X indeed, is too harsh a letter to agree with him, but he is Young and Zealous.”
—Miguel De Cervantes (1547–1616)