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What insurance is a contract by one seek to protect another from?
Insurance is a contract in which one party, known as the insurer, agrees to provide financial protection to another party, the insured, against specific risks or losses. This protection typically covers events such as accidents, illnesses, property damage, or liability claims. By paying a premium, the insured seeks to mitigate the financial impact of these unforeseen events, ensuring a level of security and peace of mind.
When a company seeks to acquire another is called the?
Acquisition
What is different between loan license and contract manufacturing?
The difference between loan licensing and contract manufacturing is that a loan licensing business has the ability to give out loans to their customers. A business that seeks out a contract manufacturer is looking for a company to manufacturer his or her products.
What does action over indemnity mean?
"Action over indemnity" refers to a legal principle where a party seeks compensation from another party for losses incurred, rather than relying solely on contractual indemnity provisions. In such cases, the injured party may pursue a direct legal action to recover damages, which may be more advantageous than waiting for indemnification under a contract. This concept often arises in liability cases, especially in construction or insurance contexts, where multiple parties may have overlapping responsibilities. It emphasizes the proactive approach of seeking recovery rather than passively waiting for indemnification.
How do you go about opening an insurance company?
Unfortunately the topic of how to open an insurance company is well outside of what can be properly explored on WikiAnswers. The procedure would vary depending on what type of company one seeks to open. The easiest-to-open insurance-related business would be a local insurance agency. At one of these agencies, employees sell insurance policies to local consumers but don't themselves underwrite the policies. In most cases, being an insurance agent is a state-licensed profession; you would need to check with your state's license-issuing body to understand what the requirements are. Generally this would involve obtaining training in the field and then passing a government test to demonstrate competence. After being licensed, you would need to find an insurance company (such as State Farm) for whom you can affiliate yourself in selling insurance. After this you could file paperwork to open the business, rent an office, buy equipment, hire employees, advertise, and do similar things.
What insurance is a contract by one seek to protect another from?
Insurance is a contract in which one party, known as the insurer, agrees to provide financial protection to another party, the insured, against specific risks or losses. This protection typically covers events such as accidents, illnesses, property damage, or liability claims. By paying a premium, the insured seeks to mitigate the financial impact of these unforeseen events, ensuring a level of security and peace of mind.
A party to a contract who seeks to rescind the contract because of that partys reliance on the unintentional but materially false statement of the other party will assert?
a party to a contract who seeks to rescind the contract because of that party's reliance on the unintentional but materially
What are the exclusion clause?
A term included in a contract that seeks to limit the liability of a party under the contract
What is the deal with general auto insurance?
General Auto Insurance is an insurance company that seeks to provide you with the insurance coverage needed. They will provide you with a quote for your perusal.
When a company seeks to acquire another is called the?
Acquisition
What is another synonym for seeks?
Searches as in: "Searches for crabs"
Which government agency employs physical scientists and seeks to understand and protect the earth's environment?
EPA
What government agency employs physical scientists and seeks to understands and protect the earth's environment?
EPA
What government agency employs physical scientist and seeks to understand and protect the earth environment?
EPA
Which government agency employs physical scientists and seeks to uderstand and protect the earths environment?
Epa
What is different between loan license and contract manufacturing?
The difference between loan licensing and contract manufacturing is that a loan licensing business has the ability to give out loans to their customers. A business that seeks out a contract manufacturer is looking for a company to manufacturer his or her products.
Is availability ensured by IA?
IA seeks to ensure availability. The three broad areas that IA seeks to ensure and protect are Confidentiality, Integrity (of the information - protecting it from unauthorized changes or corruption), and Availability.
