Examlex
What functions does a reseller of consumer goods fulfil? Illustrate using a specific reseller.
Contract Performance
The carrying out of the duties and obligations as stipulated in a contract by the involved parties.
Subrogation Right
The right for an insurer to pursue a third party that caused an insurance loss to the insured, in order to recover the amount of the claim paid.
Insurance Company
An organization that offers risk management to individuals or entities by providing compensation for losses in exchange for premium payments.
Insured
A person or entity covered by an insurance policy, protecting them against loss or damage specified in the policy.
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