Examlex
In the 1970s, the Pinto, a subcompact car manufactured by Ford, was known to catch on fire when rear-ended, even at inner-city speeds. This stripped consumers of their right to
Lease Agreement
A contract between a lessor and a lessee for the rental of property, usually real estate, for a specified period of time.
Insolvent
The state of being unable to pay debts owed, often leading to bankruptcy proceedings.
In Transit
Describes goods or people that are in the process of being transported from one location to another.
Carrier
An entity that provides transportation services for goods or individuals, typically referring to a company or a shipper operating under specific regulatory guidelines.
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