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  2. Indemnity - Wikipedia

    en.wikipedia.org/wiki/Indemnity

    If indemnitors can negotiate a limit on liability in their contract, that limits the cost of a potential indemnity if they "make clear in the agreement that any limitations of liability (whether in the form of caps or exclusions of certain types of damages – e.g., consequential) apply to the ... indemnification."

  3. Demand letter - Wikipedia

    en.wikipedia.org/wiki/Demand_letter

    A demand letter, letter of demand, [1] (of payment), or letter before claim, [2] is a letter stating a legal claim (usually drafted by a lawyer) which makes a demand for restitution or performance of some obligation, owing to the recipients' alleged breach of contract, or for a legal wrong.

  4. Royscot Trust Ltd v Rogerson - Wikipedia

    en.wikipedia.org/wiki/Royscot_Trust_Ltd_v_Rogerson

    Royscot sued the car dealer in damages, alleging that they had relied upon the dealer's misrepresentation, which induced them into the finance plan. Fraud was not mentioned, but Royscot claimed that had the dealer given the correct figures, they would have refused finance, and that the £3,625.24 loss was the dealer's fault.

  5. In an open letter to the president dated November 28, 2023, the collective of 3,882 dealers from across 50 states notes that production has outpaced demand and has resulted in lots full of unsold EVs.

  6. Does my credit card cover damages to my rental car? A ... - AOL

    www.aol.com/does-credit-card-cover-damages...

    Car rental companies offer four types of vehicle insurance: liability insurance, collision damage waiver, personal accident insurance, and personal effects insurance.

  7. Adequate remedy - Wikipedia

    en.wikipedia.org/wiki/Adequate_remedy

    This type of damage is simple to calculate where it would cost as much as the loss of the injured party and in return giving back the exact service. [6] Calculating for the compensation or the money of the loss for the non-breaching party is easy. Compensatory damages is a fixed amount of compensation.

  8. Can a goodwill letter get late payments removed from your ...

    www.aol.com/finance/goodwill-letters-payments...

    A goodwill letter is a formal letter sent to a creditor, lender or collection agency to request forgiveness for a late payment or other negative item on your credit report. In the letter, you ...

  9. Third-party beneficiary - Wikipedia

    en.wikipedia.org/wiki/Third-party_beneficiary

    Donee beneficiary – e.g., when Andrew wishes to make a gift to Charlie and Andrew agrees to provide some consideration to Bethany in exchange for her promise to pay Charlie the amount of the gift. Under old common law principles, the donee beneficiary actually had a greater claim to the benefits this created, but such distinctions have been ...

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