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What is an obligation to transfer resources arising from a past transaction?

liability


What does indemnity mean?

A legal obligation to cover a liability, however arising.


Is the promoter exemted from any liability arising out of his actions?

No, the promoter is not exempt from liability arising out of their actions. Promoters can be held legally responsible for their actions if they engage in fraudulent practices, misrepresentations, or breach their duties to the company they are promoting. It's important for promoters to act ethically and comply with all relevant laws and regulations to avoid liability.


Does a commercial general liability policy also provide excess vehicular liability coverage beyond the coverage in the driver's separate mva policy?

No. A commercial liability policy specifically excludes liability arising out of the ownership, maintenance or use of a motor vehicle.


What has the author Lorelie S Masters written?

Lorelie S. Masters has written: 'Issues arising under claims-made insurance policies' -- subject(s): Insurance, Liability, Liability Insurance


What would best describe the insurer's liability for losses arising from military service?

The insurers's liability may be reduced or excluded. The provision on war, military and aviation risk allows the insurer to reduce or exclude liability for losses resulting from war, military or naval service, and aviation.


What is the difference between liability insurance and directors and officers liability insurance?

If you mean the difference between General Liability (GL) and Director's and Officer's Liability (D&O), GL typically covers your products, premises and operations, advertising and personal injury liability. D&O covers the liability arising from the operations and decisions of the directors and officers of an organization. Because directors can be personally liable for their decisions, whether for a corporation, limited liability company, non-profit or other form of an organization, D&O provides specific coverage for their liability.


Is vacant land in another state covered for liability on a homeowners policy?

A standard homeowner's policy covers liability claims arising out of any vacant land owned by and insured.For coverage to apply, the land must be truly vacant, not used for farming, no structures, etc.


When was Arising to Serve created?

Arising to Serve was created in 2009.


When was Arising Realm created?

Arising Realm was created in 1997.


How do you use the word indemnification in a sentence?

I indemnification, you indemnification, we all indemnification.


What is the duration of Arising from the Surface?

The duration of Arising from the Surface is 1.9 hours.