Owner enjoys limited liability for business debts and fringe benefits are deductible as business expenses. |
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The company may not really be a registered corporation entitled to limited liability. |
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How does that fit in with the liability of, say, a solicitor for giving advice, or a barrister for giving chambers opinions? |
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The respondent's argument opposing liability for temporary spousal support took into account only one support objective. |
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Rather, liability for injuries has been extended beyond any reasonable definition of causation. |
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Some scientists now believe that smoking may store up liability to stress and cause mental illness as well as physical decay. |
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He noted down on a papyrus or an ostraka a full record of the grain measured so that a definite tax liability could be determined. |
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The beneficial effects of therapy serve to reduce the respondent's liability in respect of what would otherwise be continuing symptoms. |
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Make sure the subcontractors you hire show proof of liability and workers' compensation insurance. |
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The scope of the landlord's liability is circumscribed by the class of persons seeking to lease or sublease the premises. |
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Bareboat charterers are responsible for every detail of a vessel's operation, including finding a crew and assuming liability for accidents. |
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A taxpayer owing federal taxes should first took at ways to pay the liability in full. |
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So what has all this homespun philosophy got to do with the crisis in public liability insurance? |
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They might pass something that proves an electoral liability or makes a minister a hostage to fortune. |
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The parent organization is a limited liability company of General Motors and General Dynamics, located in Sterling Heights, Michigan. |
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The sword of Damocles in this push is legislation that would subject software vendors to product liability claims. |
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Despite the general principle excluding liability for omissions, liability may arise in certain exceptional circumstances. |
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The legal issues involved will vary depending on whether or not you decide to operate as a partnership or a limited liability company. |
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When that was the case, were they regarded as being immune from liability for negligence? |
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Important clues are also certainly found on the liability side, with unusual increases in account payables or increased debt levels. |
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The thick fur which is so clearly an adaptation in the depth of an ice age is equally clearly a liability as the ice age recedes. |
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English law makes illegal a contract to indemnify a person in respect of liability for fraud. |
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It may well be that he was concerned about his personal exposure to liability in relation to the real estate conveyance. |
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But inarticulateness can be a serious liability when nuanced explanations from the Commander-in-Chief are required. |
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Direct losses include claims under property coverage, workers' comp, life and accident, business interruption, general liability and more. |
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The PIAB will adjudicate and award compensation for personal injury claims where liability is not disputed. |
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Indeed this seems like it might go past a civil liability issue, and into absolutely felonious criminal activity. |
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However, the whole matter of indirect tax liability is devilishly complex and difficult to understand. |
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The cost of strict liability is that it may result in injustice in individual cases. |
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It seemed like a wonderful strategy for offloading what promised to become an insupportable liability to pay public sector pensions. |
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Recent court cases continue to address the issue of integrator liability for violations of environmental laws. |
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Clause 19.4 excludes all liability for indirect or consequential loss or damage on the part of either party. |
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If this is the case, then limited liability does not constitute the whole of the problem and removing it would be only a partial solution. |
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Further, the composition of liability as a constructive trustee is wider than a tracing order in equity. |
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It would seem to provide for the maximum liability in relation to payment of damages contemplated by the provision. |
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Are there some contexts in which that word has a narrower meaning than a reference to a liability to make good any loss? |
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If the potential liability is material enough it will have to be disclosed in notes in the company's accounts as a contingent liability. |
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I do not award damages under the heading of contingent liability for refunds. |
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The set-off clause precludes the withdrawals of amounts standing to the customer's credit as long as this liability is contingent. |
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A guarantee, he asserted is a contingent liability on the Consolidated Fund. |
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An option is a future contingent liability whose present value can be estimated with a series of probabilistic and economic assumptions. |
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The contingent liability remaining on these open years of account is incalculable. |
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Omitting to do so may lead to civil liability in contract, tort, equity, or restitution. |
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The 1998 tax on pension fund dividend income and changes in pension liability accounting have been major contributors to recent problems. |
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One solution to the problem would be to fix liability for malpractice due to inadequate resources on the commissioner rather than the provider. |
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The only difference was to try and get in the two extra waybills, which were really to fix liability on the same actual carrier. |
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He said that the law which defined the liability of the possessor of land in cases of that kind had been settled for many years. |
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Many landowners require that pilots flying on their land be covered by liability insurance. |
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For the council to accept such a liability is a crime against the tax payers of Swindon. |
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The section confuses issues of legal responsibility or liability and moral culpability. |
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I'm not saying that software manufacturers deserve 100 percent of the liability for losses from cyberattacks. |
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However, there is no special rule precluding liability in all cases of group or class defamation. |
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In its defence the Third Party has admitted liability by the defendant but denies any obligation for contribution or indemnity. |
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Third, each organization providing alcohol was required to have liability insurance for the pregame event. |
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The socialist objective is a dead letter today, but remember, it was a liability for Labor for a long time. |
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The right is reserved to hold a farm sale of deadstock and chattels on the property prior to completion without liability for any damage caused. |
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Architects will continue to face liability for noncompliant designs, even if the Supreme Court ultimately decides in their favor. |
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The fruity gravitas of the traditional actor's declamation had become a liability rather than an asset. |
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Such a proactive approach to liability also accords with modern views of health and safety provisions in general. |
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Watercraft liability covers you just like car liability insurance protects you in the event of an accident where you are found to be at fault. |
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Other factors, such as the enhanced capital gains exemption and liability concerns, also make incorporation highly desirable. |
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Unfortunately, sharing a liability with some other African tourist destinations, there is no direct flight to Khartoum. |
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A product which causes injury when put to its core uses clearly disappoints consumer expectations, and liability should be imposed accordingly. |
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All that it bears upon is the prospect of, and the time at which, discharge of the liability would occur. |
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There has been no determination of wrongful conduct, guilt or liability in the Settlement. |
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Apparently, I had a tax liability relating to my second period of employment with this employer. |
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However, in English law statutory liability cannot be excluded by disclaimer or exclusion clauses. |
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Strict liability offences are only necessary if there is no other means of achieving the ends of protecting the public and enforcing the law. |
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However, work by Jain suggests that joint liability is rarely enforced in Bangladesh. |
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Workers cannot secure the liability of wages or holiday pay earned, or, indeed, of redundancy compensation that is due and payable. |
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The question, therefore, is not one of seller liability but of due diligence on the part of the buyer. |
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That is because the third party liability cover is divorced from the sea and all things maritime. |
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The explanatory note also goes on to describe how a new statutory strict liability regime will be put in place. |
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Is it an issue of privacy, employers' liability or just cutting down on staff dossing at work? |
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My impression is that the technical issues, non-trivial though they are, pale before the political and liability issues. |
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Signing a note without indicating a representative capacity, if there is one, is most likely to result in personal liability for the signator. |
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This limitation does not apply to the pursual of the limits of liability insurance covering the decedent or the personal representative. |
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The issues of negligence and the waivers of liability are matters to be determined at trial. |
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In terms of liability, parents can sign a liability waiver for the conference. |
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Flash your MasterCard, sign a liability waiver and you're a member of the club. |
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Counsel for the Defendants denies liability and contests the quantum of damages. |
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Surely any deficiency in the Pension Fund was the sole responsibility of the Wiltshire County Council and they should have accepted liability. |
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Last month her lawyers said the Ministry of Defence had accepted liability for her husband's death. |
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To legalise it in that form would be to accept liability and sooner or later the court cases would flood in. |
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As against the discounters of the customer's bills, the bank, which figures as an acceptor, assumes primary liability. |
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The Crown has told the jury, we say, quite properly, that for accessorial liability, they must know the essential facts. |
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Most legal systems recognize some species of liability in restitution or quasi-contract, in addition to that based on contract or tort. |
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Your liability coverage will protect you if you cause an accident that results in damage or injuries, up to the limits of your policy. |
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This contract also excludes liability in respect of disposal or dumping of any waste materials or substances. |
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This article exempts dividends received or accrued to any taxpayer from income tax liability. |
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As some coal producers fell by the wayside, more of the liability accrued to the remaining companies. |
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It also raises questions about the justification for this omissions liability, and whether citizens have fair warning of it. |
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It is also highly questionable whether strict liability leads to a higher standard of care. |
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But he's is a defensive liability, and the team already has enough weak defenders. |
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Although too weak for NBA standards, he is certainly not a liability on the defensive end. |
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The club was going to race the car, but liability issues quashed that idea for most of the members. |
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But if you let joe public on your land you need public liability insurance. |
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It has become well-nigh impossible for many Scottish firms to renew their employers' liability cover. |
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However, the FSCS takes a more stringent view and must judge cases on strictly legal liability. |
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A motion by the Plaintiffs for a summary judgment as to the Defendants' liability and negligence was dismissed. |
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I suggest your friend either contact a tax adviser to work out the liability or go directly to her own inspector of taxes. |
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Unless there is some liability cap on the rapaciousness of these individuals, the drug companies cannot prudently go forward. |
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The parade organisers would have gone bankrupt on account of the crippling public liability insurance. |
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In the present case they were the same, but the time for payment did not come till liability and amount were agreed or settled. |
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They've got deadlines to meet and if I'm a weak link, I could be a liability. |
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An injury caused without mens rea might be grounds for civil liability but typically not for criminal. |
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The Government will only take on claims after the new enterprise liability scheme kicks in. |
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The ability to see patterns is usually not a liability, in fact it is one of the primary skills taught in schools from kindergarten to college. |
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Instead, they see it as a problem, as a liability, as an albatross around our financial necks. |
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The individual can then credit the withholding tax deducted against their total tax liability for that particular tax year. |
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As with recordable blank CDs and DVDs, the manufacturers will make the products but accept no liability for what you might do with them. |
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President Bush was a liability, even for a Republican in a tomato red state like Virginia. |
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They all sat down with their insurance agents to assign liability for past projects and work in progress, should a claim arise. |
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That liability is not qualified by any term that work be done with reasonable skill and care or in a competent or workmanlike manner. |
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Under the Animals Act 1971, a farmer can shoot any dog that is worrying livestock, without liability. |
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The OPW's major worry was about any potential legal liability to the government. |
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The bank strongly denies liability, stressing that the national prosecutor found no wrongdoing. |
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Its principal concern relates to possible liability for pollution damage at some time in the future. |
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Mr. Libenstein further argues that if he is found personally liable, the liability was released by his discharge from bankruptcy. |
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A further concern, bogus or remediable or both, is that open availability of the reports might subject CRS to liability issues. |
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The board will expand its remit to cover public liability and motor accidents later this year. |
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Under the doctrine of breach of statutory duty some regulatory codes may give rise to civil liability when breached. |
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As the judge said, on the remortgage to the bank she undertook a liability directly to the bank for the full amount of the loans. |
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The liability of the contracts of employment amounts to many hundreds of thousands of pounds. |
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Nicotine has a similar addiction liability profile to cocaine, morphine, or amphetamine. |
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Will legal or other representation be permitted and, if so, what rules will apply regarding liability for costs? |
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If a term is a condition precedent to liability, any breach defeats liability but does not lead to a repudiation of the whole contract. |
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The current professional liability insurance requirements for members in public practice are quite straightforward. |
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Further, those engaged in the hotel and restaurant business must take out civil liability insurance for hoteliers and restaurateurs. |
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There is no legal requirement to do so as the firms cannot avail of limited liability status. |
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Accountants can't rely on something they've read to determine their liability risk, and should obtain formal legal advice on their situation. |
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At one time there was some confusion over the basis of an employer's vicarious liability. |
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The action was brought against the referee, for whom the Union accepted vicarious liability. |
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Significantly, however, the federal statute does not impose criminal liability for cruel, inhuman, or degrading acts. |
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Counsel for the appellants argues that those words are not sufficiently precise to exclude liability for negligence. |
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If income from the foreign employment contract is not remitted into Ireland, no Irish income tax liability arises. |
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Legal experts will be on hand at the seminars to help clients minimise any potential inheritance tax liability. |
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In distributing an issuer's securities, a bank can obviously incur legal liability through its own conduct. |
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The distinction between liability for acts and liability for omissions is well known. |
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There is no legal prohibition denying the Community the right to accept liability for private acts of its servants. |
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The municipality is pursued for its vicarious liability for the negligence of its employee. |
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Legal systems differ in their approaches to the principles which determine the criminal liability of companies. |
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Now no one can know the extent of potential criminal liability under federal law. |
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Thus by statutory provision banks can avoid liability for breach of the duty of confidentiality. |
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Once the buyer has shown goods to be defective, strict liability arises for their consequences. |
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She gave birth to a healthy child, and the respondents accepted liability for negligence. |
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Fellow drivers kicked up a fuss, claiming that he was too inexperienced, and that he was a potential liability. |
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When wildlife is perceived to be a danger and a liability, it compromises the very basis of conservation. |
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Is the leader becoming a liability, or can he convince his critics he's not a racist? |
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Now that we have seen his response to the revelations, it is surely beyond dispute that he is a liability who must be removed forthwith. |
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One could expect that Junior's presence will become a liability once he spells out his plan. |
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In a world where everything has to be purchased, too many children can be a liability and they are less likely to provide security. |
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He has been nothing but trouble since he moved in there in March, and is a dangerous liability. |
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I don't wish to blame my children for everything, but they are a major liability when you're prone to blushing. |
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As he gradually becomes a greater liability, even the most supine members of the parliamentary party will put pressure on him to go. |
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It must be even lonelier when you realise you've been left off a dive list because people see you as a nuisance or a liability. |
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Girls would not be seen as a burden or a liability if they were guaranteed an equal right to inheritance and property. |
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Clauses 5, 8 and 9 also assign responsibility and define the basis of liability. |
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Perhaps it was this fact that made her determined to please her father and not to be considered a liability to the family. |
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A corporation is vicariously liable for strict liability offences to exactly the same extent as a natural person. |
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A third common law offence which may involve strict liability is that of blasphemous libel. |
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One of the most popular ways of providing funds to pay for this liability is with a whole of life insurance policy. |
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In a nutshell, it encourages the development of antiterrorism technology by providing liability limits for terrorism claims. |
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A ten-year programme was introduced to wipe out the liability by introducing rigid controls on expenditure relating to the upkeep of churches. |
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Changes could lead to additional liability, mismanagement of the contract likewise. |
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The Corps is partnering with private companies, usually limited liability companies, to build more and better housing for the same money. |
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Even small firms were owned through private limited liability companies rather than directly. |
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Unless the business is formed as a corporation or a limited liability company, it will be a sole-proprietorship by default. |
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They claim an indemnity in respect of their liability to the limited company. |
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In Britain, by 1890 professional auditors had replaced shareholders and directors of limited liability companies as financial auditors. |
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Those who make use of limited liability must do so with a proper sense of responsibility. |
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One of the main advantages of forming a company is that the company will only have a limited liability for any debts incurred by the business. |
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The new limited-liability laws made limited liability mandatory for all corporations. |
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Limited partners who participate in the control of the business may lose their limited liability. |
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This combines the advantages of limited liability for the shareholders of a company with the taxation advantages of an ordinary partnership. |
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Most insurers moved towards limited liability by forming companies under the companies Acts of the mid-19th century. |
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The policies included limited liability, banking and insurance regulation, bankruptcy law, fixed exchange rates, and property rights. |
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This decision needs to be balanced against the protection of limited liability. |
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It is hardly surprising that Irish auditors are lobbying to change the requirements on limited liability for their audit practices. |
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The act does not apply to limited liability companies, limited partnerships, or general partnerships. |
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Insurance premiums could rocket, but public liability insurance is a must for anyone who keeps livestock. |
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This treaty addresses many liability issues that attorneys would be involved in litigating. |
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Kerry County Council, meanwhile, has been urged to arrange block insurance to provide public liability cover for ponymen operating in the Gap. |
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We all have to be very cautious in this country not to be talking loosely about criminal liability. |
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Most investors shy away from brownfields because environmental laws assign liability to a broad range of parties, including the present owner. |
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In Australia, if a device is used in a manner other than designated by the manufacturer, the user assumes full responsibility and liability. |
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Prospective employers hesitate to take him on, because they view him as a liability. |
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Commercial tandem rides are presently forbidden because of liability concerns. |
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As he put it, there might be liability in tort to third parties but there was no basis on which the contract of sale itself could be avoided. |
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There could be no liability for a dog known to be vicious until after it had managed to savage someone. |
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Corporations often negotiate down their tax liability in disputed transactions. |
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She relies on a clause in the contract which exempts her from liability for damage to any tools providing she was not negligent. |
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The technique has been popular for years among businesses with large liability exposures, such as tobacco and taxicab companies. |
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One advantage of doing a tax return online is that the Revenue will calculate your liability for you. |
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Similarly the doctrine of transferred malice applies to the liability of accessories. |
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There's an interesting point about how brand awareness of a teevee show is treated as a liability by the teevee industry. |
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Arkansas recently became the first to mandate liability insurance as a requirement for obtaining a certificate. |
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To entice insurers to provide higher protection limits, the industry wants the federal government to backstop its unlimited liability. |
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The South at one time was viewed as the cultural backwater of the nation, both as an economic liability and a social embarrassment. |
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In his opinion, traders acting in bad faith must also face criminal liability in addition to the revocation of their licences. |
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The Animals Act 1971 abolished the scienter action and replaced it with a statutory code of strict liability. |
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An injunction does not appear on the debit side of the balance sheet as a liability. |
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Here the third-party liability cover can be crucial in case you injure another in a water or winter sports accident. |
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As of next year, the price of third-party liability policies will be determined solely according to market value. |
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The most controversial part of the code regulates the mandatory third-party liability motor insurance. |
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The awards in third-party liquor liability cases can range from a few thousand to several million dollars. |
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You will not be able to use a marina or slipway without third-party liability protection in case you cause an accident. |
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Many household insurance policies will include third-party liability, but may exclude sports activities. |
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Insurance companies are piling the pressure on struggling local games committees with huge rises in the premiums for public liability insurance. |
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You must also bear the responsibility for maintaining a secure site and liability for the content of the site. |
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If so, why do taxpayers need to substantially bear the burden of liability in case of accidents? |
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He's not quick enough to defeat blocks in the run game to pursue backside running plays and is a liability in coverage. |
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Bell settled his account with Houser by taking over Houser's liability to Lincoln. |
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Public nuisance and libel are also torts and tortious liability is more often pursued than criminal proceedings. |
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There is a parallel with accessory liability in the economic torts, such as knowing participation in a fraud or inducing breach of contract. |
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All three cases concern liability for torts committed by a company of which the defendant is a director. |
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It does no more than make clear the extent of the liability for the tort in which the tortfeasor joins and thus does not advance the analysis. |
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As a general rule, however, there is no liability in tortious negligence for an omission, unless the defendant is under some pre-existing duty. |
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As we have seen, the tortious liability of trade unions is negated by providing wide immunities. |
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It is not the act but the consequences on which tortious liability is founded. |
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However, there is one head of tortious liability which is of particular relevance to administrative law. |
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The RUH Trust however denied liability and claimed her treatment did not fall below an acceptable clinical standard. |
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In my view, the liability and damages are distinct issues that are severable from one another. |
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If the bequeather has no heirs or if no heir accepts the inheritance, the bequeather's tax liability shall be extinguished. |
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Key elements of a liability policy include the insuring agreement, conditions of the contract, and exclusionary clauses. |
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This liability is essentially your brother's, and is due irrespective of who he transfers the property to. |
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Their sheet anchor is that they were performing it gratuitously and therefore no liability for its performance can arise. |
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Limited partnerships are structured as corporations, so your liability is limited, but you can't use losses to shelter income. |
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Some fear that the scheme might shift liability towards consumer in cases of disputed transactions. |
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Are not sections 259 and 261 only concerned with apportionment of liability between ships, or shipowners? |
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He was a defensive liability early in the season, misplaying several fly balls and showing a general disregard for hustle. |
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The liability of each party will be negotiated upfront and incorporated in the tripartite agreement. |
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Parliament, however, has sought to mitigate the worst effects of strict liability by including defences in some statutes. |
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It might be argued that liability should not be conditional on such a finding. |
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Suddenly, a bitterly satirical movie about teenaged criminals was a liability to a film studio. |
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They gave her simple interest on it and they absolved her of her liability for the occupation rent. |
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Wind gusts can blow the rotting trees down, posing a serious enough danger that the city removes them for reasons of liability. |
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American Airlines disclaims any liability in the event that any third party gets unauthorized access to your personal data. |
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The funds covered expenses for the boxers' undercards, medical bills, liability insurance, and the boxing commission. |
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However, it is not clear how far this undercuts the arguments for limited liability. |
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Erratic though its incidence is, the liability is a tax upon the ownership of land. |
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Other communities place restrictions on owners, such as requiring that they carry liability insurance or muzzle their pets in public. |
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At common law an unincorporated association is not a legal person and therefore not subject to criminal liability. |
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This high court ruling is not the first to grapple with sovereignty in questions of liability for content published on the borderless Web. |
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We have been asked by the council to take on a pension liability which is unspecified and unquantified. |
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The presence of the poor is therefore widely felt as an unredeemed and unredeemable liability. |
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If and when the liability crystallises from the raft of legal cases pending, the size of the national debt will rise, possibly by great sums. |
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The youth who is trained and encouraged becomes an asset and an untrained youth remains a liability to the nation. |
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An alternative to limitation of liability clauses are liquidated damages clauses. |
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But the issue of liability complicates the relative ease of setting up a sole proprietorship. |
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Eliot's use of liability both binds a social group through a common concern about producing harm and yokes causality to morality. |
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By paying the taxes, you will one day inherit the home without the burden of the tax liability. |
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Your contract will contain a voetstoots clause absolving your seller from all liability for latent and patent defects. |
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The difficult areas relate primarily to non-physical harm, such as economic loss or psychiatric damage, and liability for omissions. |
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This eclectic mix of essays reminds us that democracy can be both an asset and a liability to its votaries in time of war. |
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All three have their important place in the law of torts, but the liability attached to them will differ. |
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Spielberg reproduces Abagnale's suspiciously squeaky-clean account that seems filtered of potential legal liability content. |
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Contributory negligence could reduce the monetary quantification of the defendant's liability, but it cannot legally or logically nullify it. |
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Aidwa says this is objectionable because it projects a daughter as a liability and a son as an investment. |
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Thus, the escape was one for which custom had long since imposed strict liability on the occupier of the land. |
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The principle of the corporate veil as a protection against the liability of the shareholders of the corporation is enshrined in statute law. |
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The majority of vacancies are for commercial account handlers, underwriters and liability claims. |
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When a liability is initially recorded, the entity capitalizes a cost by increasing the carrying amount of the related long-lived asset. |
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We say that the liability resulted from the acts or omissions of negligence and the act or omission in relation to the trespass. |
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Thus his liability under the lease could become even more onerous, without his knowledge or consent. |
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It would leave him wide open to the criticism that he has become a liability to the party. |
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The Chapter opens with a discussion of the general principles governing a bank's liability. |
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This was a leader who had been transformed from a virtual electoral liability in 1999 into a probable asset for 2003, if he were to call one more election before he bows out. |
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An occupier may incur liability for the emission of noxious fumes or noise, although he has used the utmost care in building and using his premises. |
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This proves a liability when Martin attempts to convey Francis's Christocentric approach to poverty, or his equally mystifying struggle to maintain bodily chastity. |
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This bill restructures the New Zealand Symphony Orchestra from a limited liability company, financially responsible for itself, to a non-company Crown entity. |
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Finally, the above classifications relate to promissory conditions but there may also be contingent conditions which either suspend or cancel contractual liability. |
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It should also put an end to limited liability for shareholders. |
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The company's separate legal personality is a general feature of its legal status and is not confined to the areas of limited liability and transferable shares. |
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This Clause prevails over all other clauses and sets out the entire liability of the parties to each other, howsoever arising and whether in contract, tort or otherwise. |
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The effect of this is that the occupier's liability is governed by the common law, which provides that he will be liable for negligent misfeasance but not for nonfeasance. |
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Gradually the courts came to recognise limited liability for omissions where a duty to act could be implied, the accused failed to act and the prohibited result ensued. |
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This is why you should always have liability insurance, but should think twice about collision damage coverage. |
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That clause excludes liability for loss and nuisance caused by environmental pollution except when it arises from a sudden event which is unintentional and unforeseen. |
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Fourthly, the contract may contain exclusion clauses by virtue of which one party seeks to exclude or restrict a liability which he would otherwise owe to the other. |
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Some other states, such as New Jersey, do apply an inheritance tax in addition to the federal estate tax, so future liability must be checked prior to any purchase. |
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At first sight, to say that the defendant's nonfeasance did not cause the plaintiff's loss seems to provide a sort of objective criterion for not imposing liability. |
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In several decisions the English courts have found the wording of such clauses was not effective in excluding liability for a pre-contractual misrepresentation. |
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Payments made using a credit or debit card when the cardholder is not present are not affected by Chip and PIN and therefore are exempt from the liability shift. |
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It warned them that any attempt to enforce the party's rule against crossover voting could subject officials to civil liability under state and federal law. |
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The application of parental company liability has significant effects on leniency applications, which should be carefully considered by corporate groups. |
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Registration causes the society so registered to be a body corporate, able to sue and be sued in its own name, with perpetual succession and enjoying limited liability. |
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The forgoing exception to the limitation periods in the probate code regarding the pursual of liability limits does not eliminate the probate code requirement of a personal representative. |
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It requires that all trials have a single sponsor, who carries full responsibility and liability, including covering the costs of all drugs or devices used in a study. |
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If the Government, for example, were to underwrite the liability, then the directors can in fact proceed with their responsibilities in relation to that foundation. |
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You won't have the liability, but it's proving it that's the killer. |
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In the event of a serious accident, the scale of absolute and unlimited liability would be uninsurable and quickly bankrupt even the largest utility company. |
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Hence, foreign corporations do not incur capital gains tax liability. |
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So the company and its insurance policy bear no liability for what happened. |
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There needs to be a balance between technological innovation and safety, and this balance will be best served by a balanced principle for assigning liability. |
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The bills also take the almost unprecedented step of imposing absolute liability in relation to offences carrying a maximum penalty of life imprisonment. |
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The Law Commission should return to this subject as a matter of urgency, and should recommend one of these radical approaches to accessorial criminal liability. |
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Even if English law were codified, it seems likely that courts would retain some power to develop defences to liability by creating new rules and extending old ones. |
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This system is usually found in small personal defense pistols, or in full-sized law enforcement sidearms In the latter case, it is a deterrent against liability lawsuits. |
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In most cases, an unfunded liability is an even bigger invitation to mischief than a funded one. |
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