Company Car, Company Union, Comparative Statement, Comparative Negligence :




Company Car : When on official business of the company, the vehicles so used, if owned by the company are company cars. Often a car that has been assigned to a particular individual is used for both personal and official use.



Company Union : An association formed by the company with no links with other associations and the control of which largely remains in the hands of the company itself.



Comparative Statement : when different financial reports, such as balance sheets and income statements, for different periods, are displayed side by side, in order to facilitate comparison and analysis. This particular statement is often a section of the annual report.



Comparative Negligence : a guiding principle of tort law which is used in certain courts of law when the fault of which defaulter is more is to be determined compared to the fault of the other defaulter, for example, if a car which is over speeding collides with another car which has run through the red light, then the court can rule that neither party can collect damages, unless one person’s fault can be proved to be more than the other person’s.




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