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1. Probability of loss arising from the buyer's reneging on the contract, as opposed to the buyer's inability to pay.
2. Probability of loss arising from failure in contractperformance. Vendors have the highest risk in fixed price contracts and least in the cost type contracts.
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Contractual capacity in Egypt?
Contractual capacity in Egypt
What is risk financing?
Risk financing is any technique used to obtain funds to restore losses that strike an individual or entity. These techniques fall into three general categories Risk retention contractual transfer to non insurer in which legal liability is retained transfer to an insurer.
How can you use contractual in a sentence?
To by a new house you must have a contractual with the owner.
Difference between risk sharing and risk transfer in insurance in insurance?
Risk Sharing is used in coinsurance specifically where the risk is to be shared and not transferred among several insurance companies each one them having a direct contractual relationship with the insured for the portion of the risk accepted by that company.and transferring the risk is used in reinsurance , and reinsurance always involves legal entities and not individualsin reinsurance the contractual relationship is between the cedant and the reinsurer , only in special situations does the reinsurance treaty have a provision called the cut through clause that allows the insured to have a direct legal claim to the reinsurer for example , in the case the insurer becomes insolventHope all is in orderRegards,Tamer Hadddin
When was Contractual Obligation created?
Contractual Obligation was created on 1996-05-10.
Describe how statutes affect contractual terms?
Statutes can override or supplement contractual terms by providing additional requirements or limitations. For example, statutes may impose consumer protection regulations or require specific disclosures in contracts. Courts will generally enforce statutory provisions over conflicting contractual terms to ensure compliance with the law.
Who used a contractual brief in the media?
Producers mainly use Contractual briefs within the Media industry.
When was Monty Python's Contractual Obligation Album created?
Monty Python's Contractual Obligation Album was created in 1980.
What are the ratings and certificates for Contractual Obligation - 2009?
Contractual Obligation - 2009 is rated/received certificates of: USA:PG-13
What is Contractual interest rate on a bond?
The contractual interest rate is the rate at which the borrower pays and the investor receives are determined.
What type of contract do both parties have the option to avoid their contractual obligations?
what type of contract do both parties have the option to avoid their contractual obligations what type of contract do both parties have the option to avoid their contractual obligations
Which a court would uphold a contractual obligation?
A court would uphold a contractual obligation if the contract is legally valid (meeting all requirements of a valid contract), clearly outlines the obligations of both parties, and was entered into willingly by both parties without coercion or fraud. Additionally, the terms of the contract must be legal and not against public policy.
