Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

Category: C

COLLISION DAMAGE WAIVER

The release of the renting firm’s right to recover collision damages from the person renting the vehicle. Optional insurance on a policy, sold typically through auto rental firms, covers this.

COMFORT ZONE

1. The risk both most and least that a company can absorb. 2.The weather conditions such as humidity, light, temperature, and wind that an employee can do their job in with the

COMMERCIAL TRADER

How the Commodity Futures Trading Commission describes traders using the futures makret to hedge their activities.

COMMON KNOWLEDGE

A fact that is widely known but assumed to be true without any proof that it is.

COMPACT DISC-RECORDABLE (CD-R)

Any media that allows recording of data. It has an extra layer that allows the writing but not erasing. The manual for this is the orange book.

COMPANY SHAREHOLDINGS

The legal power that stock holders have in relation to the amount of shares they own. You must have 15% or more to have legal rights. 50% or more allows you to

COMPENSATED PERSONAL ABSENCE

A temporary leave from work for a good reason that an employer pays for. There is a contract made to specifiy the terms.

COMPETING

Using assertiveness and minimizes cooperation.

COMPETITIVE FORCES

Factors that change competition on the market. It can be bargaining power, new entrants, or rivalry.

COMPETITIVENESS

How a firm can offer products to meet standards of the market at good prices to get profits.

COMPLETELY DENATURED ALCOHOL (CDA)

Ethyl Alcohol that is not drinkable because methanol is added to it. It is expemt from the duty placed on a drinkable alcohol. Refer to specially dentaured alcohol.

COMPLEXITY

1.the number of math steps to get the answer. Refer to computability theory. 2. having many complicated parts that are linked. It can be related to people and their effect on the

CONCERN

An all-encompassing word that describes all for profit and non-profit organizations.

CONDITION SUBSEQUENT

A rule in a contract that allows interest to be defeated if a specific event occurs or doesn’t occur. Refer to conditions concurrent and condition precedent.

CONDUCT

Behavior that an shows in reactions and inaction.

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