PRIVATE PROPERTY
The ownership of tangible and intangible goods by an individual who has exclusive rights over it. The transfer of a private property can take place only by the owner’s consent or through
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
The ownership of tangible and intangible goods by an individual who has exclusive rights over it. The transfer of a private property can take place only by the owner’s consent or through
Facts and evidences that lead many to believe that the accused actually committed the crime. A probable cause is not a fail proof evidence as it only provides enough grounds to deem
A technique for analyzing potential sources of problems and ensure that they have been rectified.
Insurance covering the cost engaged in recalling defective or possibly defectife products that an insured person makes.
Preparation of a budget using program description, in lieu of the expense line items.
US Department of Housing and Urban Development backed short term debt securities used to finance construction of partially state-funded residential complexes and federal constuctions. There sole purpose is the aforementioned one and
The message that the company is conveying about its products or services. The message will be repeated across all types of media for advertising and could include a slogan or saying that
The voting scheme which ensures that each party or group is represented in the same proportion that they appear to be in the whole population.
1. Thisoccurs when a businesses or company is owned by one person or one family. It is not owned by several people or a group of companies. 2. Proprietorship can also be
A trust created that will protect the assets of the trustor in their lifetime from the effect of the trustor declaring bankruptcy. The trustee is responsible for any interest earned by the
A principle of accounting that requires you to rcord every liability and expense as soon as it occurs but you only record the results when they are gained or at least assured
An investment in real estate that has been taken over by REITS or another real estate company that operates by trading publicly.
An insurance taken out by an individual that covers them for any legal action against them. It is for injury to damage to any property that ends up in a court and
This is a telephone service that provides a dial tone and communications between two parties. Any digital or analog number can be called by any party with a hand set or telephone.
The date after which a product cannot be sold. The public refer to it as the use by date after which the seller must remove the product from the sheves for sale.
An economic term related to goods or services that does not generate any external entities. The producer or consumer of the goods or service will bear all of the costs and receive
The method by which a product leaves a company and is then sold to a customer. The client will buy or pull the product and the business provides the push that will
More than double indemnity in insurance cases. Often known as multiple indemnity.
Data that is used to describe a product but not define its characteristics. Non- measurable data that does not include any weight or dimensions. It is information that has been collected about
A method of improving the production process that makes an item. Various parts will show improvement by cutting losses, improving production times. A systematic approach is used in order to improve the