Examlex
Which of the following statements about reciprocal service department costs is correct?
Explosive
An explosive is a reactive substance that contains a great amount of potential energy, which can produce an explosion if released suddenly, typically through a rapid expansion of gas.
Financial Loss
The negative impact experienced when expenses exceed revenues, or when assets lose value, affecting an individual's or entity's overall financial health.
Volenti Non Fit Injuria
A defence in torts based on the plaintiff’s voluntarily assuming a clear legal risk.
Physical Risk
Refers to the likelihood of bodily harm or injury in a given environment or activity.
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