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An Act to make provision for authorising the Minister of Transport to undertake the insurance of ships, aircraft and certain other goods against war risks and, in certain circumstances, other risks; for the payment by him of compensation in respect of certain goods lost or damaged in transit in consequence of war risks; and for purposes ...
If the cash is stored in the household of one individual, even after a century, the sum remains 100,000. If the coins are circulated through business transactions so that every individual of the ten households can enjoy the utility of the 100,000 coins, then the utility will amount to that of 1,000,000 cash.
Background Main article: Privity in English law The historical doctrine of privity consisted of two rules. The first was that a third party may not have obligations imposed by the terms of a contract, and the second was that a third party may not enforce a contract for which he has not provided consideration. The first rule was not contested, while the second was described as "one of the most ...
Warren Buffett's Berkshire Hathaway revealed its more than $6.7 billion investment in insurance company Chubb in a regulatory filing which sent the insurer's stock to a record high.
Online retailing is big business these days, with the top 500 Internet retailers growing by an average of 18% in 2011. E-commerce currently makes up about 8% of all retail sales, and that number ...
The Maryland Eastern Shore communities had access to the Chesapeake Bay, which was the main shipping route to important American cities such as Baltimore and Washington, D.C. St. Michaels was one of the communities with access to the bay, and was a target for the British because of its shipbuilding.