You need the services of a good lawyer for a legal and correct answer.
One gets a release liability when property is newly purchased by someone. When the property is purchased the release liability ensures that the owner of the property will pay of debt.
No. Physical Damage coverage to your own vehicle would be covered in this instance if you purchased the coverage, but liability only would not repair the damages.
When someone utilizes a firearm (pistol, rifle or shotgun) to kill themselves.
On a personal level, say credit card debt, a liability cannot become an asset to the same person. However a liability for you is an asset for someone else under accounts/notes receivable. In business, an unreceived revenue account can be purchased from another business, thus removing the liability from the financial statements for that business.
If the person broke your windshield as part of the damage in an accident and they have liability insurance on their car (which is required by law), yes their liability will cover your windshield as well as other damages to your car, person, and passengers.In all other conditions, no as glass damage is covered by your own comprehensive insurance (if you purchased it, its optional).
Someone who specializes in firearms
A liability is anything owed to one company/person by another.If you owe money to someone it is a liability.
If you have liability for an accident, you will need to contact your insurance company. If you do not have liability insurance, you may need to pay for the accident out of pocket.
No
so they would have unlimited liability.
Liability is when you or someone or thing is liabile for something that they did or are responsible for . Yes it is possible for health insurance to have liability .
No