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Liability

Intel Contingent Liability as Defined by SFAS #5

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 …

Professional Liability

There have been many changes in how healthcare is delivered today as opposed to how it was delivered decades ago when our parents were young. Many years ago there was a close relationship between a doctor, patient, and pharmacist. There was a considerable amount of trust given to the healthcare professional. They took the time …

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Fault as a Pre-Requisite Constitutive Element for Delictual Liability

FAULT AS A PRE-REQUISITE CONSTITUTIVE ELEMENT FOR DELICTUAL LIABILITY: 1. 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 …

The Liability of Boxing Helena

The Liability of Boxing Helena 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 …

The Element of Alternative Liability

When the defendant is able to prove contributory negligence it usually bars the plaintiff from recovery. As a result of the barring from recovery, the view of this defense is deemed unfair in some cases. Most states prefer to determine the amount of damage by comparing the negligence of the plaintiff and the defendant. Comparative …

Limited Liability

“Limited Liability” 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 …

Reliability and Validity

Reliability and Validity Paper BSHS/382 Reliability determines how consistently a measurement of skill or knowledge yields similar results under different conditions. Reliability is also known as a measurement of the internal consistency stability of a measuring device. Reliability establishes how consistently a capacity of proficiency, comprehension concedes comparable consequences and fluctuating circumstances. If a quantity …

Limited liability partnership

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 …

Contract of Liability

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 …

Strict Liability for Criminal Offences

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 …

Product Liability

This week’s question concerns liability and moral responsibility in consumer products. As the question is multi-part, the answer will be likewise. To begin, the first question addresses who should be liable for the voluntary actions of others. Specifically, if substantial information concerning the hazards of a product or service has been offered to the consumer, …

Joint Criminal Liability

Introduction: This assignment will try to analyze lesser condemnable liabilities taking up to stronger condemnable liabilities for all parties involved in a possible strong belief of slaying by concentrating on the major subjects of contending and procuring, helping and abetting, accessary liability, improper violent death, dangerous bodily injury ( decease ensuing ) and causing. Joint …

Partnerships & Limited Liability Entities

Chapter 11: Partnerships & Limited Liability Entities – 11/15/12 Lecture Partnership Income / Transfer of Property Partnership Income & Losses through to the Partners so there is NO Entity Level Taxation. You can transfer Property into a Partnership at any time with NO tax consequences. There is no 80% Rule!! Only exception to this would …

Reliability vs. Validity

Reliability vs. Validity             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 Wikipedia.com, I doubt the reliability of this website as a research source because there is no governing framework that controls the …

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