Welcome to the 1520 Perfect Dictionary
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| Safe harbour | |
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| SAFE HARBOUR Definition: (business lingo) A provision in a contract, regulations or law that protects a party that has performed its duties in good faith. Used, for example, in a company flotation when due diligence tests have been properly carried out, even though circumstances change and the flotation fails. ______________________________________________________________________ * All six elements would be in. 1. Purposeful and necessary to have provision. 2. Formulators and drafters won't have an interest in the endeavour. 3. Not explicitly stated as an 'escape route'. 4. Creative accounting or insider dealing not a basis for insertion. 5. Security will be in the appropriate form(s). 6. Serves purpose(s), whatever loss may be suffered (connect to #5). __ A. Projection, prospect, promise, etc., not reliable or assuring. B. Wheeling and dealing not accompanying actuation. C. Professionalism and best practices guides drafting/rulemaking. D. Litigiousness won't arise later as a consequence. E. Overall economy or concerned industry won't be badly affected. F. Fallout of failure will be bearable for investor. ______________________________________ See perfect MISBECOMINGNESS. See perfect LONG THROATISM. See perfect BLAME GAME. See perfect RULEMAKING. See perfect BOOM-BUST CYCLE. See perfect CORPORATE GOVERNANCE. | |
1520 Products |
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1520 Products was established in 2005 with the purpose of entertaining and teaching us on key and important aspects of life (such as marriage, sex, etc) through the playing of games which will allow us to laugh but at the same time pass a message of what is the right or ideal way. |
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 1520 Sex Game |
 1520 Puzzles |
 1520 Marriage Game |