Examlex
What is communication and what is its importance?
Goods-in-bailment
A legal term referring to the process where personal property is transferred temporarily into the care of another, known as the bailee.
Negotiable Document
An official note that commits to paying a designated amount, either immediately upon request or at a predetermined date, with the payer's name indicated on the note.
Risk of Loss
The legal and financial responsibility for damages or loss to goods, typically determined by the terms of a contract or by law.
Common-carrier Delivery
The transportation of goods or people by a commercial service available to the public under license or authority provided by a regulatory body.
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