Concept:The question tests knowledge of maritime insurance and shipping terms, specifically the act of throwing cargo overboard to reduce a vessel's weight.
Explanation:When a ship is in danger, for example, during a storm or when it is taking on water, the crew may deliberately throw some cargo overboard.
This action helps to lighten the vessel and make it safer, preventing the ship from sinking or capsizing.
In commercial and insurance law, this deliberate disposal of cargo is a recognised practice and has a specific term.
The other options are incorrect because:
• Caveat emptor means "let the buyer beware".
• Uberrimae fidei means "utmost good faith".
• Demurrage is a charge for delaying a ship beyond the agreed time.
None of these relate to discarding cargo to lighten a vessel.
The correct term is jettison.
Answer:D. Jettison