Answerlib:Tags ยป liability
Spot the Legal Liability ?
Product liability is a theory of strict liability in which the manufacturer (seller and/or distributor chain... and harm caused by the use of their product. Product liability claims stem from defective design, manufacturing defects, failure...
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What is civil liability?
Civil liability means that a person or business you can sue you and be awarded ...that could lead to prison, fines or other penalties. Your civil liability for stealing information from a similar company depends on the type of information...
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Need help with business terms (liability)?
Ok, Liability Debts or obligations that arise during the course...company, and it operated under the "limited liability", you first sell all the lemons and ...
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Liability vs revenue?
liability Definition An obligation that legally binds an individual or... is responsible for the damages. In the case of a company, a liability is recorded on the balance sheet and can include accounts payable...
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question about accrued liabilities.?
A liability can loosely be defined as a probable future sacrifice of economic resources..., you have not yet payed the expense, it is reported as a liability. At the end of the month, you would debit rent expense and credit ...
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What does liability mean?
A liability can mean something that is a hindrance or puts an individual or group at a... (i.e. it is a cause). In financial accounting, a liability is defined as an obligation of an entity arising from past ...
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Accident liability?
First of all - liability needs to be determined, just because the truck ... to those assets? First of all - liability has to be determined - by either the insurance carrier...
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What is liability in accounts?
Liability: An obligation that legally binds an individual or company to settle a debt... is responsible for the damages. In the case of a company, a liability is recorded on the balance sheet and can include accounts payable...
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What exactly is tax liability?
Liability for federal income tax amount ONLY during the past tax year OK... earning out of each pay period to cover your FIT liability during the next FIT tax filing season and then at that time you could end...
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How to reduce liability?
First off, the Equine liability acts adopted by many states do not apply to this situation and...in a sanctioned equine activity. The person with the heaviest liability in this is the property owner, who is foolish to be allowing anyone...
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