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Followed established procedures
Wiki User
∙ 11y ago
Anonymous
lack of experience or training
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What IS a defense against pecuniary liability?
Following the established procedures is a defense against pecuniary liability.Followed established procedures
What is the purpose of pecuniary liability?
To provide an incentive to guard against errors and theft by others. To protect the government against errors and dishonesty by Departmental Accountable Officials and Certifying Officers.
The percentage of liability suits against church which are settled?
Does liability insurance save a church from liability suits.
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 is homeowners liability insurance for?
The liability portion of your home insurance policy provides protection in the event someone asserts a claim of liability against the homeowner for damages or injuries.
What kind of liability insurance is needed?
That depends on what your trying to insure against. There are many types of liability insurance in the market place.
Which of these protects a person who is at fault in an accident against lawsuit?
bodily injury liability coverage
Is Bad debts an asset or liability?
Neither, a bad debt becomes an expense on the P&L. the provision created against this is liability
When is a waiver of liability rendered void?
Usually courts will respect waivers of liability under the theory of freedom of contract which assume each person has negotiated with similar capabilities. Waivers of liability are inadmissible when one party has greater sophistication than another, contracts of adhesion (where a party has no choice), contracts against public policy, and contract to exclude liability against unrelated third parties. For example, you and a business partner cannot waive liability from injury against your customers.
What is the purpose of public liability?
Public liability is a type of insurance policy. This insurance protects or covers the user for legal liability to third parties (that is, potential lawsuits against them imposed by third parties).
What does comprehensive general liability insurance cover?
Comprehensive general liability insurance covers businesses against many liability exposures of a business. Comprehensive general liability insurance coverage includes completed operations, elevators, independent contractors, and more.
What is the definition of a limited liability company?
The limited liability company is a hybrid legal entity that has both the characteristics of a corporation and of partnership. An LLC provides its owners with corporate like protection against personal liability.
