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

[Joe Allonby]

Ahem...I actually use this term a lot. It describes something that cannot be
safely handled or transported due to its own shoddy construction or
deterioration or poor maintenance. It often is used to describe antiques or
art, but usually refers to anything made out of particle board or assembled
with an allen wrench.



On Tue, Nov 25, 2008 at 1:25 PM, Ya Sam <takoitov at hotmail.com> wrote:

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> 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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