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Joint and several liability is most relevant in tort claims, whereby a plaintiff may recover all the damages from any of the defendants regardless of their individual share of the liability. The rule is often applied in negligence cases, though it is sometimes invoked in other areas of law. In the United States, 46 of the 50 states have a rule ...
Admiralty law. A bill of lading ( / ˈleɪdɪŋ /) (sometimes abbreviated as B/L or BOL) is a document issued by a carrier (or their agent) to acknowledge receipt of cargo for shipment. [1] Although the term is historically related only to carriage by sea, a bill of lading may today be used for any type of carriage of goods. [2]
Limited liability is a legal status in which a person's financial liability is limited to a fixed sum, most commonly the value of a person's investment in a corporation, company or joint venture. If a company that provides limited liability to its investors is sued, then the claimants are generally entitled to collect only against the assets of ...
This figure has been consistent for the last few years (ranging between 58% and 69%). Moreover, US respondents asked in the survey listed free shipping (54% mentions) as a most important factor for online shipping. Next in line were exclusive online deals (23%), no sales tax (10%), fast shipping (9%) and in store pickup (5%).
v. t. e. When used in foreign trade, a commercial invoice is a customs document. It is used as a customs declaration provided by the person or corporation that is exporting an item across international borders. [1] Although there is no standard format, the document must include a few specific pieces of information such as the parties involved ...
Two examples are the Heartland Corridor and the National Gateway. Both the Bill Clinton and Barack Obama administrations had announced plans for new high-speed rail lines in their first terms. In the case of Clinton era, the only tangible outcome was the introduction of Amtrak's Acela Express , serving the Northeast Corridor, in 2000.
Some shipping companies do not carry electrical officers on their ship to cut down the manning cost, and the electrical duties are carried by an engineer. This is usually the third engineer. However, many companies realized that electrical and electronic system requires some extra attention and therefore require an expert to attend them.
Examples: If a software product fails to perform properly or as-intended, it may not cause physical, personal, or advertising damages. Therefore, the general liability policy would not be triggered; it may, however, directly cause financial losses which could potentially be attributed to the software developer's misrepresentation of the product ...