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Claims can also be classified in categories, i.e. in terms of what they claim. A claim can refer to a physical entity, i.e. a product (or material) or an apparatus (or device, system, article, ...). The claim is then called respectively "product claim" or "apparatus claim"; or; an activity, i.e. a process (or method) or a use.
Claim may refer to: Claim (legal) Claim of Right Act 1689; Claims-based identity; Claim (philosophy) Land claim; A main contention, see conclusion of law; Patent claim; The assertion of a proposition; see Douglas N. Walton; A right; Sequent, in mathematics; Another term for an advertising slogan. Health claim; A term in contract bridge; king of ...
In law, set-off or netting is a legal technique applied between persons or businesses with mutual rights and liabilities, replacing gross positions with net positions. [1] [2] It permits the rights to be used to discharge the liabilities where cross claims exist between a plaintiff and a respondent, the result being that the gross claims of mutual debt produce a single net claim. [3]
More specifically a typical policy will provide indemnity to the insured against loss arising from any claim or claims made during the policy period by reason of any covered error, omission or negligent act committed in the conduct of the insured's professional business during the policy period. Claims which may relate to incidents occurring ...
"Filing an insurance claim can be daunting, but there are simple steps business owners can take to resolve the issue quickly," says Rhodes. Tips for a smooth claims process:
For example, $225K would be understood to mean $225,000, and $3.6K would be understood to mean $3,600. Multiple K's are not commonly used to represent larger numbers. In other words, it would look odd to use $1.2KK to represent $1,200,000. Ke – Is used as an abbreviation for Cost of Equity (COE).
A freight claim or cargo claim is a legal demand by a shipper or consignee against a carrier in respect of damage to a shipment, or loss thereof. [1] [2] [3]Typically, the claimant will seek damages (financial compensation for loss), but other remedies include "specific performance", where the cargo-owner seeks delivery of the goods as agreed.
Valid claim is used in a number of different contexts in Federal law. Within the area of United States patent law, a valid claim is a claim of an issued and unexpired, legally enforceable patent. [2] Under US bankruptcy law, a creditor must have a valid claim in order to attend the creditors' meeting and to collect all or part of a debt.