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URL:https://www.learndesk.us/class/4886669511622656/lesson/45e1fa9c0febe20148e8513846ac92bc?ref=outlook-calendar
SUMMARY:2.1 Damages
DTSTART;TZID=America/Los_Angeles:20260517T190000
DTEND;TZID=America/Los_Angeles:20260517T200000
LOCATION:https://www.learndesk.us/class/4886669511622656/lesson/45e1fa9c0febe20148e8513846ac92bc?ref=outlook-calendar
DESCRIPTION: To the travel management company (TMC), the highest risk for car rental is the bill back facility being extended by the TMC to the client company for damages to car rental vehicles. 
Damages can amount to a full write-off value for the vehicle, especially where the outcome is found to be as a result of negligence on the part of the driver. Depending on the car group booked by the company for their travelers this can result in a minimum of R260 000 to anything just under r1 million. Damage investigations of this magnitude can take up from six (6) months to a year to be finalized and/or resolved. In the interim, the TMC would have needed to settle the initial claim by the car rental company and pay the interest on funds borrowed from the bank /investors which will quickly accumulate to thousands of Rands. This could have a devastating effect on the TMC’s financial stability and may even result in closure or liquidation.
TMC’s should always insist that client...

https://www.learndesk.us/class/4886669511622656/lesson/45e1fa9c0febe20148e8513846ac92bc?ref=outlook-calendar
STATUS:CONFIRMED
SEQUENCE:3
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