Technique of risk management (better known as retention or Self-Insurance) under which an individual or business firm assumes expected losses that are not catastrophic, but protects against catastrophic losses through the purchase of insurance. (Business Dictionary) For the source and more detailed information concerning your request, click on the related links section (Answers.com) indicated at the bottom of this answer box.
what is the difference between an observation and an assumption
A Background Assumption is your own assumption of how things are supposed to be. Or your own idea of how life ought to work. You assume that everyone thinks the same way.
When someone calls a statement a "valid assumption" they mean that it is probably true.
A noun form of the verb to assume is assumption.
I went to the archaeology museum with the assumption that I would see dinosaurs. The new buyer qualified for an assumption of the original home loan. He made the mistaken assumption that he could trust his cousin. The Feast of the Assumption is celebrated annually on August 15. I made the erroneous assumption that she liked cake, so I looked like a fool when she knocked the plate out of my hand.
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mostv risk most profit
assumption
In order to successfully assert the assumption of risk defense, two key elements are required: (1) the plaintiff must have knowledge of the specific risk involved, and (2) the plaintiff must voluntarily choose to accept that risk.
assumption of risk
To voluntarily assume a risk is to agree to take on some potential cost which may arise.
assumption of risk
The practice known as universal precautions makes the assumption that those bodily fluids pose a risk for transmission of HIV.
It'll take a lot of gumption to espouse that assumption. That's your assumption. That is not an assumption.
I think assumption of older people is cultural assumption What do you think
I do not support your assumption. Your assumption is based upon few facts.
accounting assumption is nothing