The RMS Titanic was the largest ocean liner of its day.  It was four times the size of the ships that set the standard when laws regarding lifeboats were written.  So the company provided the legally required number of lifeboats when it set off on its maiden voyage in April 1914.  There was room on the ship for more, and the company fully intended to supply the “extra” lifeboats when the law required it.  But on that fateful day, they knowingly (and legally) set off for New York with one-fourth the lifeboats they knew they needed.