Examlex
The philosophy of zero defects is:
Policy Provisions
Specific terms and conditions outlined in an insurance policy or other formal document that define coverage, limitations, and obligations of the parties involved.
Average Person
A hypothetical individual who represents a standard or norm in behavior, judgment, and values.
Homeowner's Policy
An insurance policy that provides coverage for damages to a homeowner's property, including structures and contents, and often liability for accidents.
Real Property
Land and anything permanently attached to it, such as buildings and fixtures, considered a form of real estate.
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