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What else can I help you with?
What is the liability of a husband when his wife opens a credit card in his name without his knowledge?
A husband's liability on his wife's credit card account has no bearing on his knowledge of the account. His liability depends upon state law and whether they live in a state with community property statutes. Marital assets and debts belong to both partners under certain states laws. In other states, what is hers is hers and vice versa. This applies to both assets and debts. Even if this particular husband is not liable under the laws of their state; any purchase they attempted jointly in the future would be affected by the debt and the wife's pattern of usage and payment. If you are still married it probably wouldn't have any effect on your liability for debt incurred. If you reside in a community property state, all debts in marriage belong equally to both parties. In other words, not much can be done, unless you choose to charge your spouse with committing forgery/fraud. Your best option is to close the account.
What funding policy applies to MILCON?
Full funding
Can you be sued for a 5-year charge off sold to a collection agency where the SOL has expired and the collection agency says there is no SOL for collections?
There is no SOL for collection procedures, however state SOL's do apply to the time in which a lawsuit can be filed for debt recovery. If sued and the SOL applies it is the responsibility of the debtor/defendant to bring the issue to the attention of the court, a SOL defense is not "automatic".
Whats the difference between satisfied in full and paid in full on credit report?
Satisfied in full normally applies to a negotiated settlement on an account. While paid in full normally applies to a revolving account that is in good standing and has been paid off. The satisfied notation usually applies to a negative reporting scenario.
If your parent added you to a credit card and was then late on payments does this have to remain on your credit report?
This depends on how you were "added". Were you allowed to use the card as an authorized user, or added to a joint account? In the first situation, it is typical for the bureaus to report the debt on your credit. But, technically, since you never signed a contract accepting liability for any debt, it is not "yours" and you could dispute this. If the latter situation applies to you, then you are jointly liable for the debt and it can show on your credit report for 7 years.
What is the NAICS Code for Automatic Vending Machine Manufacturing?
NAICS 333311 applies to Automatic Vending Machine Manufacturing.
How does cross liability work?
Cross liability works as a severability of interest. These are clauses in commercial insurance contracts which means the policy applies separately to each insured party.
What is presumption agency?
Presumption agency refers to the legal principle that allows a person to act on behalf of another, assuming they have the authority to do so, unless proven otherwise. This concept typically applies in situations where there is a reasonable belief that the agent has the necessary permission or authority to represent the principal. It helps facilitate transactions and interactions by providing a framework for assuming agency in the absence of clear, explicit authority. However, parties can challenge the presumption if evidence shows that no such authority existed.
What kind of liability applies to the keeper of an animal?
The responsibility of good care as well as public safety aspects of keeping an animal.
Does a homeowner have to pay a deductible on a liability claim brought against them for injuries on their premises?
No. The deductible only applies to them fixing their own house.
What is the General Liability code for an interior painting contractor?
The General Liability code for an interior painting contractor is 98305. This applies to any interior repair work such as painting, wall papering, and the installation of other wall coverings.
What does the Automatic Updates service do in Windows?
Automatic Updates applies patches, fixes to remove system gliches, etc., to keep your computer running smoothly. I would suggest you keep the Automatic Updating enabled if you are not of a mind to do your OWN computer maintenance.
A company had a before tax profit if 2000000- what was their tax liability?
To calculate the tax liability, we need to know the applicable tax rate. Assuming a hypothetical tax rate of 30%, the tax liability would be 30% of the before-tax profit of $2,000,000, which amounts to $600,000. If a different tax rate applies, the tax liability would need to be recalculated accordingly.
What is the liability limitation period for design responsibility in building contracts?
The limited liability varies, it depends on how contract is written and rather or not the local allows 3 day cancellations. In most cases limited liability applies to all building work prior to deadline, and any structural failures during short term after.
In what circumstances does a liability release apply?
A liability release applies in circumstances when a "Releasor", the person filing the release, is absolving the Releasee of all actions, suits, liabilities and claims. They are used when one wants to release someone from liability. For example, if one is in a hit and run accident and does not want to press charges, they may file a liability release to state that you do not hold them liable for damages resulting.
What is presumption disability is this typr considered when one applies for SS Disablity in general?
Presumptive disability is NOT considered when you apply for SSDI. This category of benefits only applies to Medicaid and SSI benefits. If you have one of the conditons that triggers presumptive disability review under those systems, I would advise trying to get Medicaid coverage ASAP while waiting for your SSDI determination.
The doctrine of strict liability only applies to abnormally dangerous activity?
No, the doctrine of strict liability can apply to a variety of other situations beyond just abnormally dangerous activity. These may include certain product liability cases, activities involving animals, and some cases of harmful conduct or behavior. In strict liability cases, the defendant can be held liable for damages without having to prove negligence or intent.
