Examlex
In assessing the risk of an individual project, the expected correlation of the new project's returns with those of the prevailing business should be considered.
Bailor
The party in a bailment contract who temporarily transfers possession but not ownership of a property or good to another party.
Bailee
A person or entity who is given temporary possession but not ownership of personal property by another for a specific purpose.
Insurer
A company that provides insurance policies to individuals or entities, offering financial protection against specified risks.
Common Carrier
A company or entity that provides transportation services to the general public under the regulation of government authorities.
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