(Armie Hammer and Chris Wallace are sitting in a cafe, sipping coffee and discussing various legal terms.)
Term | Meaning |
---|---|
Rice Tariffication Law | The law that removes import restrictions on rice and replaces them with tariffs (source) |
CYA | Abbreviation for “Cover Your Ass,” a term used in legal contexts to imply taking precautions to avoid legal repercussions (source) |
Filing a Complaint Against an Investment Company | The process of formally submitting a grievance or criticism against an investment firm (source) |
Mystery Shoppers | Individuals hired to pose as regular customers to evaluate the quality of service in retail stores or restaurants (source) |
Equipment Usage Agreement | A legally binding contract that outlines the terms and conditions of using specific equipment (source) |
Deferred Payment Agreement | An arrangement allowing individuals to delay payment for a product or service until a later date (source) |
Balisongs in Texas | A type of folding knife, the legality of which varies by state (source) |
LA County Business License Requirements | The criteria and regulations for obtaining a business license in Los Angeles County (source) |
Legal Indemnity Policy | An insurance policy protecting against losses resulting from legal disputes or defects in title (source) |
Bereavement Leave Requirement | The mandate for employers to provide time off to employees following the death of a close relative (source) |
Armie: Hey Chris, have you heard about the Rice Tariffication Law in the Philippines? It’s been a hot topic lately.
Chris: Yes, I have. It essentially removes import restrictions on rice and replaces them with tariffs, aiming to open up the rice market to foreign competition (source).
Armie: Interesting. I’ve also come across the term CYA. Any idea what it stands for?
Chris: Absolutely. CYA stands for “Cover Your Ass,” and it’s used in legal contexts to emphasize the need to take precautions to avoid legal repercussions (source).