Examlex
A company may have several cost centers, but it can have only one profit center.
Action For Waste
A legal cause of action by a property owner or lessor against a lessee for substantial damage caused to the property, diminishing its value.
Life Estate
A property interest that lasts for the lifetime of a specific individual, after which it transfers to another designated party.
Deteriorate
Refers to the process of becoming progressively worse or the decline in quality or condition.
Duty To Warn
The legal obligation to inform others about potential dangers or risks associated with a product, property, or situation.
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