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What else can I help you with?
What exactly is general liability?
General liability means that your friend has been found responsible for something. Liability is usually an insurance term, it means they pay for damages to other peoples property or self.
What does basic coverage mean in auto insurance?
That usually means you have the state required liability limits and nothing more.
How does a spark plug get oil on it?
Oil on the top usually means a bad valve cover gasket. Oil on the bottom of the plug usually means an internal engine failure.
Can you pass the grade with an F?
no... F usually means FAILURE. Remedial mathematics is called for here
What is financial liability?
If you have financial liability, they you have to pay money if something goes wrong. Liability means you can be held responsible and financial means money.
What does the term 'compliance risk' mean?
'Compliance risk' means the risk of material financial loss, legal liability, or loss of reputation to a business as a result of its failure to comply with the law.
How do you prove failure to pay a debt?
Failure to pay a debt means that under the terms and conditions of the credit, the payment was not made on time or at all. Usually after 90 days of no activity (that is, no payments), then this establishes failure to pay a debt.
How is a liability increased by a credit or debit?
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.
What decreases an asset and liability?
Decrease in asset means being using of it decreases and liability decrease means payable of debts decreases.
What means liability?
A limitation (a cap) of liability clause is a contractual provision that restricts the amount of damages a client can recover from a company. Uncapped liability is a liability without a limit.
What is a register llc?
A registered LLC means "Limited Liability Company." Companies will always have this behind their name even if its a dba name. This means that they have limited liability and someone co-shares the full liability.
Why is oil on your spark plug?
Oil on the outside of the plug, usually means a leaking valve cover gasket. Oil on the plug electrode, means your engine is burning oil, which usually means bad rings, bad valve seals, or a combination.
