Question 2798 Deck General

The correct answer is B) the cost of labor and material to restore the vessel to the service condition which existed before the casualty. This is the correct answer because the cost of property damage refers to the direct costs associated with repairing the physical damage to the vessel. This includes the labor and materials needed to bring the vessel back to its pre-casualty condition, so it can return to service. The other options, such as damage claims or loss of revenue, are not considered part of the property damage costs. The other answer choices are incorrect because they do not accurately reflect the definition of property damage costs as per the regulations governing U.S. Coast Guard Captain's License Examinations.