Examlex
The most expensive refrigerator in the world is the Sub-Zero brand.Many consumers believe it to be the best brand made.For people that insist on having the best kitchen money can buy and will accept no less,the Sub-Zero refrigerator is an example of a(n) _____ product.
Financial Loss
The negative impact experienced when expenses exceed revenues, or when assets lose value, affecting an individual's or entity's overall financial health.
Volenti Non Fit Injuria
A defence in torts based on the plaintiff’s voluntarily assuming a clear legal risk.
Physical Risk
Refers to the likelihood of bodily harm or injury in a given environment or activity.
Legal Risk
The potential for losses or damages resulting from legal proceedings, actions, or changes in law.
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