to assume a risk

  • 31underwrite — un·der·write / ən dər ˌrīt, ˌən dər rīt/ vt wrote / ˌrōt, rōt/, writ·ten, / ˌrit ən, rit ən/, writ·ing 1 a: to assume liability for (a risk) as an insurer the insurer underwrite s individuals, not the group, in franchise health insurance …

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  • 32Misrepresentation in English law — is an area of English contract law, which allows a person to escape a contractual obligation or claim compensation for losses. If one person can show that she entered an agreement because of another person s false assurances, then the other… …

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  • 33Long-Term Capital Management — (LTCM) was a U.S. hedge fund which failed spectacularly in the late 1990s, leading to a massive bailout by other major banks and investment houses. [cite book |title=The Age of Turbulence: Adventures in a New World |last=Greenspan |first=Alan… …

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  • 34McCutcheon v David MacBrayne Ltd — Isle of Islay Court House of Lords Citation(s) [1964] UKHL …

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  • 35Rolls-Royce Trent — are a family of high bypass turbofan engines manufactured by Rolls Royce. All are developments of the RB211 with thrust ratings of between 53,000 and 95,000 lbf (236 to 423 kN). Versions of the Trent are in service on the Airbus A330, A340, A380… …

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  • 36Vincent Kaminski — Vincent Julian Kaminski was born in Poland and worked as the Managing Director for Research at the failed energy trading corporation Enron until 2002. In this capacity he led a team of approximately fifty analysts who developed quantitative… …

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  • 37Self-funded health care — describes a self insurance arrangement whereby an employer provides health or disability benefits to employees by assuming the direct risk for payment of their claims for benefits. The terms of eligibility and coverage are set forth in a plan… …

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  • 38Hit by pitch — In baseball, hit by pitch (HBP), or hit batsman (HB), refers to the batter being hit in some part of the body by a pitch from the pitcher. Per baseball official rule 6.08(b), a batter becomes a baserunner and is awarded first base when he or his… …

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  • 39Novated lease — A novated lease is a type of motor vehicle lease common in Australia that allows a business to lease a motor vehicle on behalf of an employee, with the responsibility for the lease lying with the employee and the lease payments being made from… …

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  • 40Carrier's Case — Carrier s Case, 13 Edw. IV, f. 9, pl. 5 (Star Ch. and Exch. Ch. 1473) was a landmark English court case in property crime law decided in the Star Chamber (also called Anonymous v. The Sheriff of London). The English court adopted the breaking… …

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