SISTERSHIP EXCLUSION
An exclusion method that will prevent the coverage of products that have been withdrawn from the market place.
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
An exclusion method that will prevent the coverage of products that have been withdrawn from the market place.
The degree to which a statistical distribution is out of balance around a mean level. The balnce is biased to one side with either a negative or positive skew.
A program of product development that occurs away froma company normal location in order to keep it secret or to speed p the processes.
An industrial action wherfe employees slow down their working practices and reduce output but do not go on stike.
Any damage that is caused by the smoke that is produced from a fire.
The way a company looks after the health and safety of employees and its accountability for safe practices. See SA8000.
1. Using marketing concepts from the commercial sector to encourage people to do things for their own betterment such as give up smoking, alcohol, gambling. 2. Using marketing to promote services and
Factors like environmental quality, crime levels, drug abuse levels and the availability of services essential for life.
Money that does not go towards the construction of an entity but is used for legal fees, fees for engineering and design.
A technician who runs tests on software programs and other applications before they reach market to be sure of quality and function.
1.A complex or simple answer to a problem. 2. A liquid that contains more than one substance such as a liquid and a solid dissolved in it or 2 liquids mixed together.
The formal process used to procure goods and services comprising an invitation to bid, evaluation of responses, short listing suitable responses and awarding a contract.
A risk acceptance that is not automatically accepted by a reinsurance contract.
A policy that eliminates the need for more than one contract by combining all of them into the same policy.
The rate in which the value of a capital asset drops due to certain variables such as the wear and tear, physical deterioration or the technological obsolescence of the asset.
1. Behavior guided by reasoning and not by emotions. 2. A Thinking process that uses logical, systematic methods in drawing a conclusion. 3. A person who can draw logical conclusions.
A reaction plan is the action that is taken in a control plan when abnormal events or a non-conforming phenomenon have been detected.
Real estate bought purposely to earn an income versus using the residence as a primary place of residence. A real estate investor will purchase buildings with the intent to rent.
Reasonable cost is a price that is consistent with what a reasonable person would pay in the same or similar circumstances for the same business or for the same or similar item.
Measure of the time elapsed since (1) an advertisement was last published, or (2) the last purchase was made by a customer, or (3) a commercial was last broadcast.