Also known as a merger clause, a contract clause which states that the contract to be signed represents the final agreement, mergers all prior versions and supersedes any other prior version or discussion agreement, written or oral. … [Read more...]

In equity pleading. The legal Inadequacy of an answer in equity which does not fully and specifically reply to some one or more of the material allegations, charges, or interrogatories set forth in the bill. … [Read more...]

To promise to compensate a party monetarily in the event of a loss of or damage to the insured item. To engage to indemnify a person against pecuniary loss from specified perils. To act as an insurer. … [Read more...]

Inadequate, not sufficient, not enough. … [Read more...]

contracts. The person who procures an insurance on his property. 2. It is the duty of the insured to pay the premium, and to represent fully and fairly all the circumstances relating to the subject-matter of the insurance, which may influence the determination of the underwriters in undertaking the risk, or estimating the premium. A concealment of such facts amounts to a fraud, … [Read more...]