Examlex
An insurance contract is a type of standard form contract.The courts have specifically adopted special interpretation rules concerning the interpretation of ambiguous terms in insurance contracts.Identify the three main rules the court uses.
Multinationals
Corporations that own or control production of goods or services in one or more countries other than their home country, often having a significant impact on global trade and economy.
Division of Labour
The distribution of various segments of a production task among different individuals to enhance productivity.
Time Crunch
A situation characterized by a pressing or limited amount of time to complete tasks or activities.
Interlocking Directorates
The practice of members of a corporate board of directors serving on the boards of multiple corporations simultaneously, often leading to conflicts of interest or consolidation of power.
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