Examlex
Although the average farm size has increased in recent years, the majority of farmers operate as ______ businesses.
Presumed
Accepted as true or valid based on the existing evidence or probability, without requiring proof or further demonstration.
Insurable Interest
A requirement in insurance policies that the policyholder must stand to suffer a financial or emotional loss if the insured event occurs.
Lease
A contract by which one party conveys land, property, services, or the use of assets to another party for a specified time, in return for a periodic payment.
Personal Property
Tangible and intangible assets owned by an individual or business that are not permanently attached to or part of real estate.
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