Examlex
On average,a healthy adult can metabolize two drinks per hour.
Risk of Loss
Refers to the possibility that an asset's value could decrease due to a variety of factors, potentially resulting in financial loss for the holder.
Title
The legal right to own, use, or dispose of property; often evidenced by a document.
Insurable Interest
(1) In contract law, a property interest in goods being sold or leased that is sufficiently substantial to permit a party to insure against damage to the goods. (2) In the context of insurance, an interest in a person’s life or well-being that is sufficiently substantial that insuring against the person’s death or injury does not amount to a mere wagering contract.
Title
The legal right to own, use, or dispose of property or assets.
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