Question 3068 Deck General

The correct answer is B) loss sustained by only one party. Particular average refers to a loss or damage sustained by only one of the parties involved in a marine venture, such as the owner of the cargo or the shipowner. It is distinct from general average, which is a loss or damage shared among all parties. The key distinction is that particular average is a loss borne by a single party, rather than being distributed across all involved parties. The other options are incorrect because they do not accurately describe the definition of particular average. Option A refers to average distance traveled, option C relates to the settlement of liens, and option D describes charges against all parties, which is the definition of general average, not particular average.