Limited Liability Company.
“The preventive power of liability has been muted.”
Liability in libel has been cut down by many statutes.
Strict liability and fault liability have different distributional consequences.
Limited Liability Partnership.
Limited Liability Limited Partnership.
“Check your policy to see the liability amount,” Mr.
On this Coasean analysis of tort law, there is simply no need for liability to turn on causation.
Thus, fault liability, but not strict liability, can be undermined by justification.
A $1 million liability insurance policy from Eventsured for a wedding of up to 500 people costs $117.
For example, Amazon has relied on this model to minimize liability when its delivery drivers are injured (or injure others).
Tax liability vs. tax due: When you prepare your tax return, you'll compare the taxes you already paid to your total tax liability.
Some find it helpful to distinguish between strict liability and fault liability in terms of the content of the underlying legal duty.
People sometimes misunderstand the nature of fault liability in tort because they misunderstand the nature of strict liability in tort.
Vicarious liability is liability imposed on the employer of an employee for the tort of the latter when committed in the course of his employment.
., the milk industry—the law imposes liability for any mistakes, even when the strictest precautions are taken, a policy known as strict liability (see also manufacturer’s liability).
This does not affect our liability for death or personal injury arising from our negligence, nor our liability for our fraud, nor any other liability which cannot be excluded or limited under applicable law.
If we conceived similarly of strict liability in tort, we would then understand fault liability, incorrectly, as liability that is defeasible by excuses that establish the absence of culpability, in other words, as liability (only) for one's culpable conduct.
BECAUSE SOME STATES OR JURISDICTIONS DO NOT ALLOW THE EXCLUSION OR LIMITATION OF LIABILITY FOR PARTICULAR KINDS OF LOSS, IN SUCH STATES OR JURISDICTIONS, GUARDIAN’S LIABILITY SHALL BE LIMITED TO THE EXTENT PERMITTED BY LAW (THEREBY MINIMIZING GUARDIAN’S LIABILITY TO YOU TO THE LOWEST AMOUNT THAT APPLICABLE LAW PERMITS).
With regard to liability for omissions, usually there is no liability for omitting to prevent some harm even in cases where there is counterfactual dependence of the occurrence of that harm on that omission; yet sometimes (the status, undertaking, and causing of peril exceptions) there is such liability (so long as the occurrence of the harm counterfactually depends on such omission; Dressler 1995: 466–467).
- the state of being legally obliged and responsible
- an obligation to pay money to another party
- the quality of being something that holds you back
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With regard to liability for omissions usually there is no liability for omitting to prevent some harm even in cases where there is counterfactual dependence of the occurrence of that harm on that omission yet sometimes the status undertaking and causing of peril exceptions there is such liability so long as the occurrence of the harm counterfactually depends on such omission Dressler 1995 466–467