To Make Sure All of Your Personal Property Is Paid

question 11

Essay

To make sure all of your personal property is paid for in the event of a loss,it is a good idea to make an inventory of all household contents.Tell what should be included.

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Definitions:

Disclosed Principal

A legal relationship in which an agent acts on behalf of a principal, with the third party being aware of the principal’s identity.

Unidentified Principal

A principal in an agency relationship whose identity remains unknown to the third party at the time of the agency transaction.

Commercial Transaction Law

Governs the rights, relations, and conduct of persons and businesses engaged in commerce, merchandising, trade, and sales.

UAE Civil Code

A set of laws that regulate civil transactions within the United Arab Emirates, covering matters such as contracts, personal status, and property.