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The US Federal Acquisition Regulation states that purchase orders should generally be issued on a fixed-price basis, but provision is also made for unpriced purchase orders to be issued where "it is impractical to obtain pricing in advance of issuance of the purchase order". [8] In the UK, the Office of Government Commerce noted with concern in ...
The UK Government introduced on 1 August 2008 regulations requiring the production of personal identification and vehicle registration documents when having number plates made by a retailer. [97] The organisation that makes the plate is required to display their name and postcode, usually in small print at bottom centre, to aid in tracing false ...
In engineering, a factor of safety (FoS) or safety factor (SF) expresses how much stronger a system is than it needs to be for an intended load.Safety factors are often calculated using detailed analysis because comprehensive testing is impractical on many projects, such as bridges and buildings, but the structure's ability to carry a load must be determined to a reasonable accuracy.
There appears to have been an assumption that property and risk would pass from the seller to the buyer at the same time. In the case of Browne v Hare, settled in the Court of Exchequer Chamber in 1858, it was noted that a shipper's attempt to reserve title after shipment would have constituted a breach of the contract's f.o.b. terms:
In 1911, when Asquith's Liberal government was setting up the National Insurance Act in Britain, the Oddfellows protected so many people that the government used the Oddfellows' actuarial tables to work out the level of contribution and payment required. At that time the Oddfellows was the largest friendly society in the world.
Brokers sell binary options at a fixed price (e.g., $100) and offer some fixed percentage return in case of in-the-money settlement. Some brokers, also offer a sort of out-of-money reward to a losing customer. For example, with a win reward of 80%, out-of-money reward of 5%, and the option price of $100, two scenarios are possible.
First in, first out describes a method of managing items in storage: FIFO in stock rotation, particularly to avoid food spoilage; FIFO (computing and electronics), a method of queuing or memory management
This is a list of close election results on the national level and within administrative divisions.It lists results that have been decided by a margin of less than 1 vote in 1,000 (a margin of less than 0.1 percentage points): single-winner elections where the winning candidate was less than 0.1% ahead of the second-placed candidate, as well as party-list elections where a party was less than ...