2. which vehicles are used for special purpose?
3. why should we follow safety rules?
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2)Special Purpose Vehicle (SPV)
A Special Purpose Vehicle (SPV) is a separate legal entity created by an organization. ...
The typical legal forms of special purpose vehicles are partnerships, limited partnerships, or joint ventures.
3)Safety rules are in place to protect the people of our community. They protect all of us. Many safety regulations were implemented because of a condition that led to someone getting seriously injured or killed. The truth is people paid the price for many of our safety rules with their lives, limbs, or blood.
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- A special purpose vehicle, also called a special purpose entity (SPE), is a subsidiary created by a parent company to isolate financial risk. Its legal status as a separate company makes its obligations secure even if the parent company goes bankrupt.
- Safety rules are in place to protect the people of our community. They protect all of us. Many safety regulations were implemented because of a condition that led to someone getting seriously injured or killed. The truth is people paid the price for many of our safety rules with their lives, limbs, or blood.
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