Examlex
The "bubble concept" examines pollution in one area as if it came from a single source.
Insurable Interest
A requirement for purchasing insurance, indicating the policyholder has a stake in the continued existence of the insured item or person that is subject to potential financial loss.
Risk Of Loss
Refers to the concept in commerce regarding which party bears the liability for goods damaged or destroyed during transportation or storage.
Goods In Bailment
Items that are temporarily placed under the care of another, who holds responsibility for the good's safekeeping.
Storage On Board
Storage On Board refers to the holding or containment of goods within a vessel during transportation.
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