What is the difference between cumulate and accumulate?
What is the difference between cumulate and accumulate?
As verbs the difference between accumulate and cumulate is that accumulate is to heap up in a mass; to pile up; to collect or bring together; to amass while cumulate is to accumulate; to amass.
Is accumulative a word?
adjective. tending to accumulate or arising from accumulation; cumulative. tending to accumulate wealth; acquisitive.
What does not cumulative mean?
The term “noncumulative” describes a type of preferred stock that does not pay stockholders any unpaid or omitted dividends. If the corporation chooses not to pay dividends in a given year, investors forfeit the right to claim any of the unpaid dividends in the future.
What does cumulative effect mean?
: an effect produced by something happening over a long period of time the cumulative effect(s) of smoking on the body.
What are cumulative rights?
All agreements, warranties, guaranties, indemnities and other undertakings of Borrowers under the Loan Documents are cumulative and not in derogation of each other. All such rights and remedies shall continue in full force and effect until Full Payment of all Obligations. …
What is a cumulative GPA?
Cumulative Grade Point Average (GPA) refers to the overall GPA, which includes dividing the number of quality points earned in all courses attempted by the total degree-credit hours in all attempted courses.
What are cumulative remedies?
To the contrary, “cumulative remedies” means that the non-breaching party is permitted to pursue simultaneously all available remedies (contractual or legal remedies, monetary damages, equitable relief, you name it) against the breaching party.
What does remedy at law mean?
judicial relief
What is a sole remedy clause?
The Parties agree that the remedies of each against the other for breach of this Agreement shall be limited to enforcement of this Agreement and recovery of the amounts and remedies provided for herein.
Are liquidated damages the sole remedy?
One issue that arises in litigation over liquidated damages provisions in breach of contract cases is whether liquidated damages are the exclusive remedy for the non-breaching party.
What is sole and exclusive remedy?
Sole and Exclusive Remedy means that a Party shall not be able to claim any other type of remedy whatsoever, notwithstanding any breach of representation or warranty, either expressed or implied, or the negligence (of any degree) or fault of the other Party or any member of the other Party’s Group, latent defects and …
What does exclusive remedy mean in insurance?
Exclusive remedy is a workers’ comp provision that prohibits injured employees from suing their employer if they are receiving workers’ comp benefits.
Why is workers compensation an exclusive remedy?
Workers’ compensation is often considered the “exclusive remedy” for job-related injuries because it generally gives employers immunity from lawsuits in exchange for coverage of medical costs, missed work, and other injury-related expenses. The employee is not required to prove fault in order to collect.
What is the exclusive remedy rule of Workers Compensation What is the intentional tort exception to this rule?
June 17, 1995. The exclusive remedy provision states that an employee cannot sue his employer in tort, but there is one exception. If the employer commits an intentional tort against the employee, the employee can collect workers’ compensation and also sue the employer in tort for the intentional injury.
What is voluntary compensation?
Voluntary Compensation Endorsement — enables an employer to extend the benefits provided by the workers compensation act to employees who may not be entitled to benefits under the terms of the act, such as executive officers, partners, sole proprietors, farm workers, domestic employees, or employees traveling overseas.
What is legal compensation?
A legal compensation requires: that both parties must be mutually creditors and debtors to each other and be bound principally. that both debts must consist in sum of money or if consumable, of the same kind or quality. that the debts are allowed by law.
What is the dual employer common law doctrine?
According to the Dual Capacity Doctrine, an employer who is generally immune from tort liability to an employee injured in a work-related accident may become liable to his employee as a third-party tortfeasor if he occupies, in addition to his capacity as an employer, a second capacity that confers upon him obligations …
What does foreign voluntary workers compensation cover?
1. What is Foreign Voluntary Workers’ Compensation? FVWC provides coverage for employees working outside of their home country. It provides bodily injury by accident/disease or repatriation, arising out of and in the course of employment outside of the employee’s home country.
Does workers comp cover international travel?
7. Does the coverage change for International Travel? Answer: No. The statutory workers’ compensation insurance provides coverage under California jurisdiction for employees while they are involved with out-of-state travel and out of County for County official business.
Is travel to work covered under workers compensation?
Travel to and from work Ordinarily, you will not be covered for travel to and from your home to your place of work. It did always used to be the case however, recent changes have restricted the scope of workers compensation; Section 10 Workers Compensation Act 1987 (NSW).
Is DBA insurance required for foreign nationals?
Must an employer acquire DBA coverage for foreign nationals? Yes. Benefits under the DBA are payable regardless of nationality.
What is covered by DBA insurance?
DBA insurance covers workers’ compensation benefits such as medical and disability. Coverage will also cover any death that occurs due to a work-related incident. Higher benefit levels may be provided to eligible employees and could include an extension of the work day to 24 hours per day.
Is DBA insurance an allowable cost?
DBA requires U.S. government contractors to buy workers’ compensation insurance for most employees working overseas. The cost of this insurance, if allowable under federal regulations, is generally reimbursable under government contracts.
What does DBA stand for in insurance?
DBA insurance, or Defense Base Act insurance, exists to provide US Government contractors with an insurance solution to protect its employees and sub-contractors against employment-related injuries while working outside of the United States.
Should I do a DBA?
If you’re operating your business as a sole proprietor, you’ll need to file for a DBA if your business has a different name than your own name. But, if it’s just his first name, (i.e., Gordon’s Gardening Service), then a DBA is required because it’s not his full, legal name.