What Latin legal maxim translates to “owner bears the risk of loss”?
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What Latin legal maxim translates to “owner bears the risk of loss”?
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- Give typing answer with explanation and conclusion Property insurance protects you from financial losses resulting from the damage to or destruction of your property or possessions. True FalseWhat are some of the possible consequences should a home owner allow the policy to lapse?What source of foreclosure leads comes with a built-in sense of trust and credibility with the homeowner?
- In what circumstance would a property insurance claim be rejected?one of the rights found in the Human Rights Act 1998 and analyse a situation, real or fictional, where that right can be infringed by actions of your businessIt refers to the right of mortgagor to redeem the mortgaged property after his default of the performance of his obligation by paying the secured obligation in order to prevent the public sale of his mortgaged property. a. Equity of redemption b. Right of redemption c. Right of preemption d. Equity of preemption
- Explain Friendly Foreclosure?which of the following is not a specific risk to individual for violations of AML Laws? Civil Penalties,, loss of passport, termination of employment or criminal penaltiesq24 Which of the following is NOT a step in impairment testing? Select one: a. Calculate the asset’s carrying amount in the books of the entity b. Sell the asset after if the fair value is greater than the recoverable amount c. Calculate the recoverable amount of the asset d. Assess whether there are circumstances that may indicate that the asset should be impaired.
- At one time, it was felt that liability insurance would undermine the tort system, which has as its central theorem the concept that the individual responsible for injuring another should be made to pay for that injury. Do you think the existence of liability insurance causes one to be less careful than he or she might otherwise be?Which of the following is not a criterion that must be met for an item to be classified as a liability? A certain cash payment will occur in the future. A sacrifice will require the entity’s assets or services. There is a probable future sacrifice. There is a present obligation that results from a past transaction.Why is a home a good inflation hedge? Should a home be included as an asset if its occupants aren’t sure they could sell it? Explain.