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"Create standardized contract for credit cards for issuers to incorporate by reference, merely adjusting specific rates and fees".
To make it easier for consumers to comparison shop and to encourage price competition among insurers, the state gives each plan on the exchange an actuarial rating and requires standardized contract terms within four tiers named for metals: bronze, silver, gold and platinum.
In practice, prediction markets facilitate trading by generating standardized contract rules, and are typically organized so that the market forecast is salient and easily interpreted.
In the United States, the integrity of these standardized contract terms is overseen by the relevant commodity exchange organization, which is in turn overseen by a federal government regulatory agency.
"We believe we made a reasonable interpretation of ambiguous language in a standardized contract," it said in a written statement.
Meanwhile, oil-rich Russia, now with standardized contract laws, is matching North American salaries and attracting talented European players to a restructured league with continental ambitions.
Similar(47)
The task force also recommended standardized testing for judges, referees and ring physicians, and standardized contracts between boxers and managers that would disclose all financial arrangements.
Mr. Borji criticized companies that operate outside of his syndicate — which has signed a memorandum of understanding with Caritas to promote working standards — that do not respond to cases of abuse or hold employers to standardized contracts.
While derivatives appear complex, with hundreds of pages of documentation, many use standardized contracts similar to those behind ordinary stock futures.
Many contracts are essentially "contracts of adhesion"—standardized contracts that are submitted to a weaker party on a take-it or leave-it basis and do not provide for negotiation.
Apart from standardizing the contract practices of a particular party, these uniform conditions also helped to bridge the gap between the many different national rules.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com