May Bee, presumably the insurance company would offer a reward for the return of the diamond. Rip, naturally would decline his share (unless it came in pancakes.) You then could use that money, plus the insurance from your old boat to buy a bigger, better one.
Generally insurance contracts require a first party with an insurable interest in an item to pay a second party to compensate the first party in the event of a future occurrence regarding that interest. So I, a first party, can pay an insurance firm, the second party, to pay me if my car is stolen. If my car then disappears but is found by a stranger to both of us, the insurance firm owes no payment to the stranger.
In the case of the Mandalay Jewel, it is not at all clear whether anyone has an insurable interest in the jewel, or whether anyone has purchased any sort of insurance for such an interest. From what little we know, it would appear that the jewel is treasure trove, in which case its disposition depends on the law of the jurisdiction it was found in, or if it can be moved to a jurisdiction more favorable to the possessor.
By the way, so far as I can tell this is the first instance of the Mandalay Jewel in the strip. How did Rip recognize it instantly?
Brian Premium Member over 3 years ago
Moral dilemma.
Major Matt Mason Premium Member over 3 years ago
Ka-QUANDARY!
Chithing Premium Member over 3 years ago
So many facets to that question, but I’m hoping that her sparkly nature will prevail. She’s a real gem; a diamond in the rough.
WilliamVollmer over 3 years ago
May Bee, presumably the insurance company would offer a reward for the return of the diamond. Rip, naturally would decline his share (unless it came in pancakes.) You then could use that money, plus the insurance from your old boat to buy a bigger, better one.
Gent over 3 years ago
Finders keepers, I say.
bytebot-gocomics over 3 years ago
Generally insurance contracts require a first party with an insurable interest in an item to pay a second party to compensate the first party in the event of a future occurrence regarding that interest. So I, a first party, can pay an insurance firm, the second party, to pay me if my car is stolen. If my car then disappears but is found by a stranger to both of us, the insurance firm owes no payment to the stranger.
In the case of the Mandalay Jewel, it is not at all clear whether anyone has an insurable interest in the jewel, or whether anyone has purchased any sort of insurance for such an interest. From what little we know, it would appear that the jewel is treasure trove, in which case its disposition depends on the law of the jurisdiction it was found in, or if it can be moved to a jurisdiction more favorable to the possessor.
By the way, so far as I can tell this is the first instance of the Mandalay Jewel in the strip. How did Rip recognize it instantly?
jetspacer over 3 years ago
KA-UH OH!!
bartwell7 over 3 years ago
That will Draw Cobra out FAST! The Great Mandalay Jewel Heist!
Thinkingblade over 3 years ago
Do the right thing and trust Rip … in the comics the good guys always get new boats in the end.
tad1 over 3 years ago
KA-MANDALAY JEWEL!
tad1 over 3 years ago
I can’t help but notice that May-Be Jones looks a little bit like Cobra. Perhaps they are related.
Daeder over 3 years ago
May Bee, it’s not a good idea to steal the jewel….maybe.