VERY P.; ALL P. .....the new one INHERENT VICE!

[Ya Sam]

inherent vice
DefinitionHidden defect (or the very nature) of a good or propertywhich of itself is the cause of (or contributes to) itsdeterioration, damage, or wastage. Such characteristicsor defects make the item an unacceptable risk to acarrier or insurer. If the characteristic or defect is not visible, and if the carrier or the insurer has not been warned of it, neither of them may be liable for any claimarising solely out of the inherent vice.

inherent vice: n. ~ The tendency of material to deteriorate due to the essential instability of the components or interaction among components.
SAA Glossary of Archival and Records Terminology


INHERENT VICE - A loss caused by the inherent nature of the thing insured and not the result of a casualty or external cause.








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