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What is the difference between contingent liability and off balance sheet liability?
There is no difference between Contingent Liability and Off Balance Sheet Liability.
Is there a difference between public liability and third party insurance?
difference between third party liability and public liability
Difference between provision for reserve fund and reserve fund?
Provisions are those where the liability existence is certain, but the amount of liability cannot be determined with substantial accuracy. In case of reserves, the liability is not known. but some amount of profits are kept aside for meeting the contingencies that might become actual liabilities.
What is the difference between liability and indemnity?
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Horse Legal Liability vs stableman's liability?
Difference between horse liability and stableman coverage
What is the difference between an accrued and a provision?
i must say accrued and provision is two different things,accrued is something paid to you but you can spend it,concerning provision is not the same.
What is the difference between absolute and strict liability?
In strict liability, there are certain defenses available whereas in absolute liability, there are none.
What is the difference between employers' liability insurance and public liability insurance?
The difference between employers liability and public liability are simple. Employer liability insurance covers only claims made by the employees against the company. Public liability covers claims against the company by the general public as well as third parties claims.
What the difference between Professional Liability and Practice Insurance?
No difference. It's the same thing
What is the difference between liability and obligation?
Liability - is something covered by law. Obligation - is something you're 'expected' to do.
What is Difference between liability and obligation?
Liability - is something covered by law. Obligation - is something you're 'expected' to do.
What is the difference between provision and accrual?
Accrual is income earned but not received or expenses incurred but not spent. Provision is making provision from the profit for a specified or known expense which is to be met in unknown future.
