Direct liability is holding the actor responsible for his or her own actions. Respondeat superior liability is holding an employer responsible for an employee's actions.
The term "direct liability" refers to the same general principle, be it an individual person or a business. It specifically refers to provable negligence or other wrongdoing, which can be shown to be entirely the fault of the person or business.
Yes, it's a part of Professional Liability.
No, the liability exposure is the same.
No.
No, it is not the same. Mother Superior is the title given to the nun in charge of a convent.
Services revenue is revenue same as product revenue and it is not an asset or liability of the business.
It is customary to have the same limits on UM as you would have for your own liability limits.
No.
No, a limited partnership (LP) and a limited liability partnership (LLP) are not the same. In an LP, there are general partners who manage the business and have unlimited liability, while limited partners have limited liability but typically do not participate in management. In contrast, an LLP allows all partners to have limited liability, protecting them from personal liability for the partnership's debts and obligations, and typically all partners can participate in management. Thus, the key differences lie in liability and management roles.
advantaged
Superior in Spanish is spelled the same way as in English. The pronunciation changes, with the stress on the last syllable.
No, Its not a long term liability, since it will be paid in the same month the expenes is booked or the next month