At the time a payment is made that represents a prepayment of an expense, a prepaid account such as Prepaid Insurance is debited and the Cash account is credited. This records the prepayment as an asset on the companyâs balance sheet.
English and American cases dealing with the insurance meaning of war have defined it in accordance with the ancient international law definition: war refers to and includes only hostilities carried on by entities that constitute governments at least de facto in character..
The lawfulness of a targeted killing hinges in part on the applicable law, which is determined by the context in which it takes place. International humanitarian law (also known as the laws of war) is applicable during armed conflicts, whether between states or between a state and non-state armed groups. Hostilities between a state and an armed group are generally considered to be an armed conflict when violence reaches a significant threshold and the armed group has the capacity to abide by the laws of war. Rules of international humanitarian law are found in the Geneva Conventions of 1949 and its two Additional Protocols, the 1907 Hague Regulations, and the customary laws of war. Among other things, these rules regulate the conduct of hostilities, including the targeting of combatants, in all armed conflicts.