is that degree of care which men of common prudence generally exercise in their affairs, in the country and the age in which they live. Erie Bank v. Smith. 3 Brewst. (Pa.) 9: Zell v. Dunkle. 150 Pa.353, 27 Atl. 38: Railroad Co. v. Scott. 42 111. 143; Briggs v. Taylor. 28 Vt. 184 ;Railroad Co. v. Fisher, 49 Kan. 400. 30 Fac. 402: Railroad Co. v. Mitchell, 92 Ga. 77, 18 S. E. 290.
In old practice. It is ordered. The initial words of rules of court when entered in Latin. Ordine placitandi servato, servatur et jus. When the order of pleading is observed. the law also is observed. Co. Litt 303a; Broom, Max. 1SS.
See ordinary dangers.
1. Business: Income that is obtained by day-to-day business transactions, excluding the sale of capital. 2. Personal: The amount of an individual?s income that is subject to full tax rates (and not lower tax rates).
Interest calculated based on a hypothetical year of 360 days.
This sort of pension plan is funded by a trust. It provides death benefits through life insurance coverage plans. The insurance premiums are paid by the firm until the employee retires, when the firm will use the value of the insurance policy to pay for retirement benefits.
Life insurance policy which the policy holder pays throughout his or her life.
Losses caused by day-to-day business operations.
Total payroll expenses for all employees of an insured business, excluding executives, contractors, officers of the company and departmental managers.
A record detailing an agent?s ordinary policies, held by the relevant agency or insurer.