Author: ptcadmin

c. Compensation may be paid in the form of cash or by reparation or replacement, depending on the terms of the compensation agreement. For example, in the case of home insurance, the homeowner pays insurance premiums to the insurance company in exchange for the assurance that the homeowner will be compensated if the home is damaged by fires, natural disasters, or other hazards mentioned in the insurance agreement. In the unfortunate event that the house is severely damaged, the insurance company is required to return the property to its original condition, either through repairs carried out by authorized contractors or by reimbursement of expenses incurred for such repairs to the owner. An example of how the compensator can control costs is, in the case of a contractor for an owner`s association (HOA), where “the contractor must indemnify, defend the association (by a lawyer reasonably acceptable to the association) and keep it unharmed.” [25] Companies and SAAs also use offsets to protect directors, as few directors would act if their risks were not compensated. [26] Negotiations are important for both parties. “Almost all community of owner management contracts have a provision that the HOA must compensate the manager in certain circumstances. There are several ways to design the indemnification clause, and management and the HOA must consider what best protects everyone. [27] Real estate leases also contain indemnification clauses. . . .

Political “withdrawal” from Paris Pact hurts all nations, UN climate chief says climate change-affected nations say survival depends on tougher measures for 2020 Japan on Monday reaffirmed an existing 2030 plan to combat global warming and drew criticism from the architects of the Paris climate agreement for not setting stricter targets. The Paris Agreement was adopted at COP21 in Paris, France, in December 2015, as a new international framework for reducing greenhouse gases after 2020. This agreement is fair and applicable to all parties, which Japan has supported since the adoption of the Kyoto Protocol. Japan will cooperate with other countries to develop guidelines for the Paris Agreement, with a view to achieving effective greenhouse gas reductions by all parties. To meet this challenge, the Japanese government has begun to think seriously about achieving a hydrogen society. Now Japan is heading there. In this regard, it is important to take into account the role of Japanese industry. Countries are under pressure to come up with tougher climate plans to limit climate change, which the United Nations calls an existential threat to humanity. Most Heads of State and Government expressed support for the Pact and, more broadly, for the need to maintain the momentum of climate goals, even as economies around the world are hit by the COVID-19 pandemic. “If the world learns through the Covid-19 pandemic that we need to work together to address global threats such as climate change, it is disappointing to see that Japan is not learning this lesson,” Mohamed Adow, director of the Nairobi-based think tank Power Shift Africa, said in a statement. . .

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Merchant members should review their current policies and procedures (of which IIROC has seen significant variations) and the compliance monitoring framework and make any necessary updates to be ready if and when IIROC compliance staff arrive to conduct a compliance check. Insurers should heed IIROC`s warning and reconsider how they implement due diligence in light of the proposed guidance and how these procedures have been documented. IIROC expects sub-authors to have written policies and procedures regarding the underwriting process, including due diligence. Such guidelines and procedures should recognize the contextual nature of the duty of care. In addition, the IIROC Dealer Member Rules require underwriters to have a comprehensive and effective monitoring and compliance framework in place to ensure compliance with guidelines and procedures, IIROC requirements and applicable securities legislation. The supervisory function should be performed by a senior member of the underwriter`s investment banking division. Much of the guidelines proposed by IIROC focus on procedural rather than substantive issues, although IIROC recommends that insurers not be allowed to “put form above substance.” Underwriters are reminded that due diligence requires the exercise of professional judgment when planning and implementing the due diligence plan. A sub-author must perform sufficient business diligence for the songwriter to understand the issuer`s business and the main internal and external factors that influence the issuer`s activities and uses his or her professional judgment when determining which essential facts are independently verified (subject to limitations against “tips”) based on the circumstances of the offer. . . .

In addition, our benefits on the insurance of drivers and their spouse against loss of income due to a contraction of COVID-19 as well as other medical aids during this period will continue to be offered,” an Ola spokesperson said Tuesday. Driver unions that work for app-based taxi aggregators welcomed the move, but said there was much more to be done. “The lockdown was a fatal blow to motorists across the country. Many have no other source of income. We want companies to give all their drivers ₹10,000 as a zero-interest loan that can be deducted from their accounts once the lockdown is lifted,” said Shaik Salauddin, general secretary of the Indian Federation of App Transport Workers. . . .

Bob Kaplan: The entry “none” in Fowler`s Modern English Usage contains: “It is a mistake to think that the pronoun is only a singular and must be followed at all costs by singular verbs, etc.; The OED explicitly states that the plural structure is more common. 1. If the subject of a sentence consists of two or more nouns or pronouns that are by and connected, use plural text. Being able to find the right subject and verb will help you correct subject-verb chord errors. Shouldn`t Joe be followed by what, not were, since Joe is singular? But Joe isn`t really there, so let`s say we weren`t there. The sentence demonstrates the subjunctive mind used to express hypothetical, desiring, imaginary, or objectively contradictory things. The subjunctive connects singular subjects to what we usually think of as a plural rush. 2. If two or more singular nouns or pronouns are related by or not, use a singular verbing. 8. More importantly, the example is false: “Neither them.” “It`s not me either”? Certainly, the example creates an unpleasant choice: “Neither she nor I are.” or “Neither she nor I.” I guess in this case it`s better to say, “None of us are.” Most indeterminate pronouns correspond to singularverben: this sentence refers to the individual efforts of each crew member. The Gregg Reference Manual provides excellent explanations of subject-verb correspondence (section 10:1001). 3.

How the verb corresponds to the noun depends on whether the verb is regular or irregular….