Examlex
A vertical trading exchange:
Possession
The actual holding or control of property or an asset, regardless of whether it is legally owned.
Standard of Care
A level of competence, diligence, and care that is expected of a professional or individual in a specific situation or industry.
Bailee's Right
The rights afforded to a person (the bailee) who temporarily possesses the personal property of another (the bailor), often including the right to use the property under agreed conditions.
Ski Storage
A specific area or facility designed for the purpose of safely storing skis when they are not in use, often found at ski resorts or lodges.
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