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Traditional Work Breakdown Structures tend to
Insurable Interest
A requirement that a person seeking to purchase insurance has a legitimate interest in safeguarding the item or life being insured from loss or damage.
Market Value
The amount for which something can be sold on a given market at a specific time.
Property
Legal rights to own, use, and dispose of land, buildings, goods, intellectual creations, and other items.
Punitive Damages
Financial payment provided to a harmed individual that exceeds the amount needed for loss recovery and aims to penalize the responsible party.
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