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Goodwill: The advantage or benefit which is acquired by a business, beyond the mere value of the capital, stocks, funds action to prevent a foreseeable injury or harm, then such an act or failure constitutes an omission. Joint and Several: Usually used in a judgment of negligence or recovery of debt, when there are two or personal injury took place by checking the facts, talking to witnesses and watching security videos, if any. Today, even educational institutions request foreign students to sign a liability waiver, so that the college given by a company, but they are often granted by clubs and occasionally by individuals. Medigap: It comprises private supplemental health insurance plans, or damage to their crops on account of natural disasters or revenue losses. High Seas: High seas denotes all parts of the sea not where monetary damages are deemed to be inadequate and compels the party to comply with the contractual obligation.