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What occurs when one company buys the property and obligations of another company?
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Does homeowners' insurance cover a personal injury claim from another property owned?
No. Your homeowners will only cover personal injury if it occurs on the property listed on the policy.
What is meant by the term receivership?
Receivership is what occurs when a business has been placed under the control of a "receiver", who takes the responsibility for the institution's assets. This often occurs when a business has filed for bankruptcy, or has otherwise failed to follow its financial and legal obligations.
What is direct exporting?
Importing and exporting usually refer to trade between countris. Importing is when a country brings products or services from another country into the country and exporting is when the country sends products or servieces to other countries.
What is meant by the term disintermediation?
Disintermediation when you "cut out the middle man". In other words, disintermediation occurs when a company cuts out the companies in between them and the company they are supplying, like transportation companies or packing companies.
Does homeowners cover someone elses property?
Most policies would be written to restore the policy holder from damage that occurs on the insured property to items that are kept on the property. If you were responsible for the other person's property (you were borrowing it) and you could document the loss, you could argue that you should be made whole. You could, under most policies, seek replacement cost for property damage that was caused by your actions on your property (you drop a bucket of paint off a ladder onto your buddy's car parked in your driveway). This, on some policies, is extended to damage caused by you or occupants of the insured property while riding a bicycle, covered under the policy, off your property. Likewise, damage caused by your dog that gets loose may be covered. There is no way to give a tighter answer than "Maybe". You need to discuss the specific incident with your homeowners' claim adjuster. You may need to have notified the insurance company of certain things beforehand. It is unlikely that your homeowners' policy will pay for a 'big-ticket' item unless you had itemized it beforehand e.g., you are storing your buddy's car in your garage and the garage burns...if you didn't notify that you were storing the car, you may be on the hook for it.
Can you give brief description on takeover?
Takeover occurs when a company takes control of another company by purchasing a controlling interest in it.
Does homeowners' insurance cover a personal injury claim from another property owned?
No. Your homeowners will only cover personal injury if it occurs on the property listed on the policy.
What is another name for occurs?
another word for occurs is happens.
What might create a monopoly?
One condition that leads to the rise of a monopoly is the ability of one company to buy another similar company out. Another condition occurs when one company lowers prices in such a way to drive another company out of business.
If one rents a ground floor retail property and a flood occurs from the rented upstairs flat both owned by the same landlord.Who is liable for damages?
The tenant upstairs. Your insurance company will work the issue out with their insurance company.
What is convergent media?
Convergence Media occurs when a Media like Fox merges with another station such as NBC. A recent example is when Disney merged with ABC to become their parent company.
What is merge?
A merger occurs when one company purchases another. Often the company being purchased cannot afford to stay open by their own funds, and the purchaser capitalizes on the products and customers available.
What is civil tresspass?
Civil trespass occurs when someone enters onto another person's property without permission. This can include physically entering the property or causing a nuisance on the property without authorization. Victims of civil trespass can often seek damages or an injunction to prevent the trespass from occurring.
What is meant by the term slip and fall attorneys?
Slip and fall attorneys are lawyers who specialize in representing individuals who have been injured in slip and fall accidents on someone else's property. They help these individuals seek compensation for their injuries through negotiation or litigation with the property owner or their insurance company.
When a first aid incident occurs What is a first aider legally required to do?
It depends on the legislation of the country. In certain places he or she has no legal obligations at all.
Commitment and obligations are defined as dormant if no obligation adjustment contract modification disbursement or withdrawl occurs within a how many day period?
120
When does and incurred loss occur?
An incurred loss occurs when there is objective evidence that a loss event has occurred before the financial statements are issued and the amount of the loss can be reasonably estimated. In other words, it happens when a company has experienced a loss or is aware of the likelihood of a loss and can reasonably estimate the amount of that loss.
