A passport is a very valuable document, which is why it should come as no surprise that identity thieves routinely use passports to commit crimes. A passport allows you to cross international borders with relative ease, but when placed in the wrong hands it can lead to serious crimes being committed. For these reasons, a […]
Insurance that covers damage to other peoples’ property if the insured is found to be liable for an accident.
The time period during which an insurance policy is effective. Also referred to as Policy Period.
The time period during which an insurance policy is effective. Also referred to as Policy Term.
The maximum amount an insurance company will pay under a policy to each person injured in an accident.
A cap on the amount an insurance company pays under a policy for all claims arising from a single accident.
1. Torture and degrading conduct towards a prisoner. 2. A penalty that is out of all proportion to the offense committed.
the term that is given to a partnership involving a financial agreement where a person is only liable for the sum of money that he invested if the company fails.
the advice a person receives from a competent person with nothing to lose or to gain by giving his advice.
term that describes something that is impossible to do physically such as be in 2 places at the same time.
a term given to an act of placing all creditors with an equal status.
term given to the right of a non-owner to use the adjoining land for right of way forever.
1. Involving money, monetary or financial. 2. A thing able to be evaluated in terms of money.
a private communication that the law exempts a person from revealing. Such as doctor-patient, client-attorney.
the term that is used to describe a deed or document that will effectively divide up a real estate property.
a term that will guarantee a debtor’s personal pledge to pay his debt.
This term is applied to a mining claim that is made by a private person on public lands for minerals on the surface and not in rocks below it.
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