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Is A property or liability insurance policy a business or liability contract?

A property is not a contract or a business. A liability insurance policy is a kind of contract but not a business. the answer is b...


What is contractual liability insurance?

Contractual liability insurance is something purchased to protect a person entering into a contract, when that contract means that they agree to be responsible for any liability.


How do you spell onerous?

onerous.


How to calculate vat liability on works contract?

How to calculate vat on works contract


What contract provision relieves a party to the contract from liability is known as?

limitation of liablity


What is contractual liability?

Liablity assumed in a contract.


Is forward exchange contract considered to be a liability?

A forward exchange contract is not typically considered a liability on its own; rather, it is a financial instrument used to hedge against currency risk. However, it may result in a liability if the contract has a negative fair value at the reporting date, meaning the company would incur a loss if it settled the contract at that moment. In such cases, the negative fair value is recognized as a liability on the balance sheet. Overall, whether it is classified as a liability depends on the specific circumstances and the valuation of the contract.


How do you calculate vat liability under works contract under delhi vat?

how to calculate vat liability under works contract under delhi vat


Why can't you get out of your timer share?

A contract provision that relieves a party to the contract from liability is known as


What are commenda contracts?

A commenda contract is a contract originating in medieval Italy (10th century) in which a trader on a ship does not have liability for the goods being traded as long as the trader does not break the rules of the contract. The investors have unlimited liability.


What are the exclusion clause?

A term included in a contract that seeks to limit the liability of a party under the contract


How do you put the word onerous in a sentence?

Onerous means difficult or unpleasant to deal with.