Commercial entities and entities other than natural persons can be party to essentially every tort known to the law through various intersecting theories, including as to vicarious liability as to torts committed by natural persons against natural persons.
The specific "business torts" are (1) tortious interference with the benefit of contract; and (2) tortious interference with an advantageous business relation.
Agency law governs what kinds of activities businesses can delegate. It also governs what kinds of acts a business can be held liable for.
In business terms it means that the owners of the business (ie shareholders) are not liable for the businesses actions. Basically, if the business were to get in debt, and become bankrupt, it would not make the owners bankrupt, just the company. The owners and the company are separate in the eyes of the law.
Businesses are required by law to do so, for tax purposes and economic transparency (is the company you do business with, a financially healthy company?). If you don't comply with the law, you are liable and you can get fined.
Something or someone responsible by law.
In criminal law corporate liability will determine the extent to which a corporation can be liable for the acts and omissions of the persons it employs. In other words if employees or the employer does something wrong, can the business become liable? No because the business cant physicly be sent to jail but but rightful owner can be dependant upon what theyve done. In criminal law corporate liability will determine the extent to which a corporation can be liable for the acts and omissions of the persons it employs. In other words if employees or the employer does something wrong, can the business become liable? No because the business cant physicly be sent to jail but but rightful owner can be dependant upon what theyve done. In criminal law corporate liability will determine the extent to which a corporation can be liable for the acts and omissions of the persons it employs. In other words if employees or the employer does something wrong, can the business become liable? No because the business cant physicly be sent to jail but but rightful owner can be dependant upon what theyve done.
You can possibly be held liable if you suggested this. This is highly against the law and can result in jail time.
Good host law sates that you are responsible for any house guests after they leave your house. If they have been drinking (even a little) and leave and get in an accident, you are liable because they are your responsibility
In reference to law, the word "liable "is the act of being held responsible. for example, when there is a puddle on the flood in a grocery store and there is not a wet floor warning sign, if a customer slips and falls, the company will be held liable for the customers injury expenses.
Negligent Entrustment
yes
No. If the car turning left is in his proper lane and has the proper signal he is not liable.
No, General Liability would cover others for whom you are financially liable. It is not possible under construct of law to be liable to ones self.