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Marshall Manufacturing wants to ship a large quantity of its goods across the country. They have contacted Get Gone Shipping, Inc., to find out what the shipment would cost. Get Gone has shown Marshall how it can arrange to use a combination of barges, trains, and trucks to complete the shipment at a low cost. Get Gone's strategy is an example of
Liability Provision
A term or clause within a contract or agreement that specifies the conditions under which one party is legally responsible to another, often including compensation for damages or losses.
Negligence
The failure to exercise appropriate and or ethical ruled care expected to be exercised amongst specified circumstances, leading to harm or damage.
Collision
An event where two or more objects come together with force, often used in the context of motor vehicles.
Pro Rata Clause
A provision in a contract that allocates rights, obligations, or benefits proportionately among all parties involved.
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