A contingent claim is one for which there is a preceding condition, or triggering event, that must take place in order for the debt or expense to occur. Because the event is not guaranteed to happen, the claim may or may not become valid. Contingent claims are usually filed by creditors ...
In addition to the "sliding scale" we discussed earlier, two common variations of the traditional contingency fee arrangement are contingency hourly and mixed hourly-contingent.In a contingency hourly arrangement, you don't need to pay your attorney until there is a recovery. However, your ...
us not to undergo them.7 However, the only text that Kenny cites from the EE in support of the latter claim is 1224b34, where Aristotle men- tions aging and going grey as instances of things that are natural, but the context (1224b29-1225a2) makes no mention of what is up to us....
awhile recognising all along the contingent, or at least limited, nature of any claim and the possibility of alternative explanations.Politics asks what, if anything, can and should be done in the light of a perceived concern or problem. That judgement is, rightly in a democracy, colored by...
philosophersare human” and “Aristotle is a philosopher,” and move to the conclusion“Aristotle is human.” The argument is convincing because it has a sound logicalform and the conclusion follows from the two premises. But what if weinstead said, “All philosophers are intelligent. Aristotle ...
proceeds. This designation acts as a safeguard, ensuring that the death benefit does not go unclaimed or end up in the wrong hands. Having a contingent beneficiary is essential for effectively protecting your loved ones and ensuring your life insurance policy is distributed according to your wishes...
What Is a Contingent Claim? Personal Finance How to Find Total Equity on a Balance Sheet Order Bankruptcy laws require bankrupt businesses and individuals to pay off their debt claims in a specific order. The first claims paid are secured debts, which use some asset as collateral. For example...
For example, in the narration below, a woman flagrantly presents herself, sans mahrem, for amrriage to the Prophet (SAW) in front of a group of Shahabah. This hadith is normally omitted by the ‘do it because the Hadith says so’ contingent since what ensues does not help them make th...
A contingent commission is a commission paid to an intermediary broker by an insurance or reinsurance company. The value of the contingent commission is based on a variety of factors, such as the riskiness of the policyholder and if a claim is paid out. Contingent commissions differ from tradit...
A contingent guarantee is not an actual confirmed liability for a company until it is likely they'll have to make good on the guarantee. Special Considerations Companies must account for contingent guarantees as contingent liabilities, which indicates a potential loss may occur at some point in the...