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Essays on Liability

We found 15 free papers on Liability

Essay Examples

Exploring Reliability and Validity Sample


Words: 754 (4 pages)

AbstractionThis paper will concentrate on the types of dependability and cogency used in the Values and Motives Questionnaire. Besides this author will be look intoing countries of concerns and strengths as it relates to the Values and Motives Questionnaire. good as explicating an sentiment of the trial ( VMQ ) with the stuff presented. This…

Reliability vs. Validity


Words: 902 (4 pages)

            In this paper, I intend to evaluate whether the following websites are reliable and valid as sources of documentation to be used in research assignments.             In the case of, I doubt the reliability of this website as a research source because there is no governing framework that controls the consistency of the…

Limited Liability Reduce Financial Risk of the Company


Words: 7378 (30 pages)

Should limited liability apply to protect shareholders from the claims of involuntary creditors of a company? Introduction:Business entities are formed under state legislature mainly to permit individuals to group together to invest capital for new ventures . The main aim is to shield the investors from the liabilities of the business, so that their risk…

Contract of Liability


Words: 1112 (5 pages)

This situation involves matters regarding consideration. Consideration must be money or money worth which in the case of Currie v Miss was defined as: “some right, interest, profit or benefit accruing to the one party, or some forbearance, detriment, loss of responsibility given, suffered or undertaken by the other. ” Where one side performs its…

Limited liability partnership


Words: 954 (4 pages)

As for the different levels of responsibility that owners and partners can help in selecting the appropriate form of organization for future business initiatives. Limited Liability Corporations: Business Name Business Type Personal liability Tinker’s Home Security Service Sole proprietorship The sole proprietor’s assets, personal and business-related, are all subject to a lawsuit (Statuses, 2012). Tinker…

Intel Contingent Liability as Defined by SFAS #5


Words: 3574 (15 pages)

Question 1: At any of these dates, did Intel have a contingent liability as defined by SFAS #5? June 30: Intel has discovered the flaw No contingent liability, no disclosure. According to Intel, a series of tests has showed that an error would occur only once every nine billion random calculations, or every 27,000 years…

Negligence Liability of Accountants Sample


Words: 1012 (5 pages)

By jurisprudence. comptrollers may be responsible for clients that hire them in assorted legal theories. including contract. fraud and carelessness. Accountant malpractice happened when he or she violates the responsibility of sensible attention. cognition. accomplishments and judgement that he or she is due to a client or to the Torahs to supply auditing and other…

The Liability of Boxing Helena


Words: 1271 (6 pages)

The film “Boxing Helena” was the brainchild of 21 year old first time director Jennifer Lynch, daughter of famed director David Lynch.  On the heels of the rookie director Steven Soderbergh’s “Sex, Lies and Videotape”, an independent project that garnered tremendous critical and financial success in 1989, studios were seeking offbeat, low budget projects with…

Strict Liability for Criminal Offences


Mens rea

Words: 705 (3 pages)

How does the law justify imposing strict liability for some criminal offences? ‘actus non facit nise men sit rea’ means an act alone cannot constitute guilt without the proof of a guilty mind, for most criminal cases. Strict Liability is the legal responsibility for injury or damages even if the person was not at fault…

Fault as a Pre-Requisite Constitutive Element for Delictual Liability


Words: 3800 (16 pages)

Introduction According to Neethling a delict is an act of a person which in a wrongful and culpable (fault) way causes harm to another person. As can be construed from the definition of a delict culpableness or fault is one of the elements, which must be present for someone to have a successful delictual claim….

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Frequently Asked Questions about Liability

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How do you explain liability?
Liability insurance provides protection against claims resulting from injuries and damage to people and/or property. Liability insurance covers legal costs and payouts for which the insured party would be found liable. Provisions not covered include Intentional damage, contractual liabilities, and criminal prosecution.
What are liabilities in a person?
What is liability? A liability is what a person or organization owes money on. This includes the obligation to pay taxes, loans, mortgage payments, and invoices for goods and services.
What are liabilities in life?
Liabilities are a fact of life for businesses. They're essentially debts owed by a business that need to be settled via the payment of cash or assets. Liabilities are often coupled with assets, and appear on a company's balance sheet opposite assets.
What is a liability give 3 examples?
Liability is an obligation, that is legal to pay like debt or the money to pay for the services or the goods utilized. They are settled over a particular period. Some of the examples of Liabilities are Accounts payable, Expenses payable, Salaries Payable, Interest payable.

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