An opinion, is just that. Someon's "best" guess at an answer. If the opinion of an 'expert' is being sought then the value of the opinion of an 'expert' is rated somewhat higher, but can still be fallible.
Does a police report opinion accident liability? If for an example a car Toyota crashes in the back of a neon. and the police listed it on the report his oppion is that the neon slammed on his break, and didnt have break lights.
A strategic liability is a liability that is strategic.
Current Liability
Asset - Liability = Net Asset / Liability * Net Asset - When Asset is more than Liability * Net Liability - When Liability is more than Asset
Liability has credit balance as normal balance so credit increases the liability which means addition to current liability will increase the overall liability and reduction in liability will reduce overall liability.
General liability covers Public and Producs Liability, therefore by having General Liability cover, public liability is covered also.
It comes under liability
When liability is payable within one fiscal year then it is current liability while one liability is payable within more than one period then Is non-current liability.
Automobile Liability insurance, YES. Liability insurance, NO. There are many kinds of liability insurance.
civil liability
current liability
a current liability