Examlex
The plaintiff in a product liability lawsuit has suffered $100 worth of damages from an automobile accident.A defect in the manufacture of the plaintiff's vehicle is found to be 70 percent responsible for the accident,while the plaintiff's own negligence is 30 percent responsible.Under the doctrine of comparative negligence,how much would the defendant-the manufacturer of the vehicle-have to pay the plaintiff in damages?
Bank Deposit
Money placed into a banking institution for safekeeping, which can include savings accounts, checking accounts, and certificates of deposit.
Availability Delay
The lag time between when a deposit is made in a bank account and when the funds are available for use.
Bank Releases
Legal documents indicating that a bank has released its claim on assets, typically after a loan has been paid off.
Collection Time
The typical duration a company waits to collect payments from its clients following a sale.
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