Examlex
Long-term investments in available-for-sale securities are reported at market value on the balance sheet.
Liability Claim
A demand for compensation or remuneration made against an individual or entity responsible for causing harm or loss.
Insurance Policy
A contract between an insurer and insured, detailing the terms under which the insurer agrees to cover losses or provide benefits.
Homeowner's Insurance
Insurance policy that protects homeowners from financial losses related to their home and possessions, covering damage and liability.
Deliberate Wrongful Acts
Actions taken with the intention to harm or cause loss to another party.
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