Examlex
Which of the following is not an actuarial assumption underlying the computation of the pension obligation?
Collateral Contracts
Collateral contracts are agreements that run parallel to the primary contract, providing additional assurance or terms related to the main contractual agreement.
Express Warranty
A seller's promise or guarantee to a buyer that a product will meet specified quality and performance standards.
Implied Warranties
Refers to unspoken, unwritten guarantees assumed for a product or service under the law.
Incidental Damages
Additional expenses incurred by one party as a result of another party's breach of contract.
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