Summarize the various forms of loss, which did occur as well as were likely to have occurred as a result of the event. After reviewing the report entitled “The Capsize of the ‘Herald of the Free Enterprise’”, the various forms of loss, which occurred, as well as were likely to have occurred as a result of the event are as follows: (1) loss of lives of people; (2) loss of properties (those owned by the passengers, employees, management, as well as the assets of the Herald; (3) loss of reputation (negative image to the company, Townsend Car Ferries Ltd.; ( Continue reading...
