Examlex
Product design is less important than brand name.
Fraud
Fraud refers to wrongful or criminal deception intended to result in financial or personal gain.
Good Faith
Acting with honesty and sincerity without intention to deceive or defraud in a legal or transactional context.
Subrogation
The process by which an insurance company, having paid a loss to its insured, acquires the legal right to pursue any claims the insured may have against a third party responsible for the loss.
Sequential Liability
Sequential liability refers to the responsibility shared among different parties in a sequence, where one party's financial obligations are dependent on the payment or performance of another.
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