Examlex
All of the following are benefits that can be attributed to the effective use of a risk management plan EXCEPT:
Implied Renewal
Suggests the automatic extension of a contract based on certain actions or the lack of termination notice by any party involved.
Lease Term
The duration for which a lease agreement is effective, typically specified in months or years.
Fee Simple Absolute
The most complete ownership of property recognized by law, where the owner has unlimited control over the property and can dispose of it at will.
Parcel
A package or bundle of goods wrapped or packed up; also can refer to an individual plot of land.
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