Search results
Results From The WOW.Com Content Network
Title retention clause. A retention of title clause (also called a reservation of title clause or a Romalpa clause in some jurisdictions) is a provision in a contract for the sale of goods that the title to the goods remains vested in the seller until the buyer fulfils certain obligations (usually payment of the purchase price).
A price display for a tagged clothes item at Kohl's. A price is the (usually not negative) quantity of payment or compensation expected, required, or given by one party to another in return for goods or services. In some situations, especially when the product is a service rather than a physical good, the price for the service may be called ...
The Standard Marine Communication Phrases ( SMCP) is a set of key phrases in the English language (which is the internationally recognised language of the sea), supported by the international community for use at sea and developed by the International Maritime Organization (IMO). They aim to explain: 1) external communication phrases – ship ...
The example above shows an explosive with a compatibility group "A" (shown as 1.1A). The actual letter shown would depend on the specific properties of the substance being transported. For example, the Canadian Transportation of Dangerous Goods Regulations provides a description of compatibility groups. 1.1 Explosives with a mass explosion hazard
Free-rider problem. In economics, the free-rider problem is a type of market failure that occurs when those who benefit from resources, public goods and common pool resources do not pay for them [1] or under-pay. Examples of such goods are public roads or public libraries or services or other goods of a communal nature.
A loss payee clause (or loss payable clause) is a clause in a contract of insurance that provides, in the event of payment being made under the policy in relation to the insured risk, that payment will be made to a third party rather than to the insured beneficiary of the policy . Such clauses are common where the insured property is subject to ...
The Commerce Clause describes an enumerated power listed in the United States Constitution ( Article I, Section 8, Clause 3 ). The clause states that the United States Congress shall have power "to regulate Commerce with foreign Nations, and among the several States, and with the Indian Tribes". Courts and commentators have tended to discuss ...
Citizenship Clause. The Citizenship Clause is the first sentence of the Fourteenth Amendment to the United States Constitution, which was adopted on July 9, 1868, which states: All persons born or naturalized in the United States, and subject to the jurisdiction thereof, are citizens of the United States and of the State wherein they reside.