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  2. Liability waiver - Wikipedia

    en.wikipedia.org/wiki/Liability_waiver

    A liability waiver is a legal document that a person who participates in an activity may sign to acknowledge the risks involved in their participation. By doing so, the company attempts to remove legal liability from the business or person responsible for the activity.

  3. Lien waiver - Wikipedia

    en.wikipedia.org/wiki/Lien_waiver

    In the mechanics lien process, a lien waiver is a document from a contractor, subcontractor, materials supplier, equipment lessor or other party to the construction project (the claimant) stating they have received payment and waive any future lien rights to the property (of the owner) for the amount paid.

  4. Owner-controlled insurance program - Wikipedia

    en.wikipedia.org/wiki/Owner-controlled_insurance...

    [1] [3] Depending on the project, there may be endorsements providing additional coverage such as Contractors Pollution Liability (CPL), Builders Risk Insurance, terrorism insurance and umbrella insurance. OCIPs are also frequently referred to as "wrap-up insurance" or "wrap policies" in the insurance industry.

  5. Exclusion clause - Wikipedia

    en.wikipedia.org/wiki/Exclusion_clause

    There are various methods by which a party may seek to exclude or mitigate liability by use of a contractual term: True exclusion clause: The clause recognizes a potential breach of contract, and then excuses liability for the breach. Alternatively, the clause is constructed in such a way it only includes reasonable care to perform duties on ...

  6. Price–Anderson Nuclear Industries Indemnity Act - Wikipedia

    en.wikipedia.org/wiki/Price–Anderson_Nuclear...

    Calvert Cliffs Nuclear Power Plant. The Price-Anderson Nuclear Industries Indemnity Act (commonly called the Price-Anderson Act) is a United States federal law, first passed in 1957 and since renewed several times, which governs liability-related issues for all non-military nuclear facilities constructed in the United States before 2026.

  7. 25 passive income ideas to help you make money in 2024 - AOL

    www.aol.com/finance/25-passive-income-ideas-help...

    Pay particular attention to liability issues, especially if you’re renting out equipment that has the potential to be dangerous (e.g., power tools.) 24. Buy a local business

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