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Is a jewelry store liable for the loss after fixing a diamond ring when it breaks again and the diamond is lost?
No, if the Stone was lost due to subsequent damage not affected by the workmanship provided by the jewelry store.
If the Repair facility is responsible, then this type of loss would be covered under the Products and Operations Completed portion of a Commercial or Business General Liability Insurance Policy. Where a Specified Coverage form does not otherwise exist, coverage may yet be afforded if a Commercial Umbrella Policy is in force.
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What are the advantages and disadvantages of a partnership businesses?
Some advantages of a partnership business is that the gains and losses are shared, you share the resposibilities, and it's easy to set up. But some disadvantages to a partnership business is that each partner is 'jointly and severally' liable for the partnership's debts; that is, each partner is liable for their share of the partnership debts as well as being liable for all the debts, there is a risk of disagreements and friction among partners and management, and each partner is an agent of the partnership and is liable for actions by other partners
What is the difference between franchise and agency?
Agency : principle is liable for the act of agent and agent get fees or commission from the principle. Franchise : Principle is not liable for the act of agent and PRINCIPAL get fees of commission form the agent.
Why do you need liability insurance on land you do not use?
Liability insuranceIn the Unites States, a landowner can sometimes be held liable for certain occurrences on the owned land. A Landowner is typically NOT held liable for the actions of tenants. This is what Renters Insurance is for. A Tenant can purchase property and liability insurance on a tenants policy. A property owner also is Typically NOT liable for the actions of criminals or others that may have entered your property illegally.So while its a good idea to maintain some type of Liability Insurance for Vacant Land to cover some occurrences where the owner might be liable. One should not presume that the property owner is liable for anything and everything that might occur on the property.
Is one characteristic of a corporation is that its owners are personally liable for any losses incurred by the business?
no
I told real estate agent over the phone that I accepted offer on our phone. nothing signed and backed out of deal a day later am I liable?
I agreed over the phone to accept price on our home in Louisville Kentucky then backed out Am I liable for anything
Is a jewelry store liable for losing a diamond ring that was left with them for repair?
Yes they are but at a predetermined value
Transgressions that could hold a director liable for prosecution?
Profiting from trading on insider information.Price fixing with competitors.Stealing from the company or its customers.
Bob pushes carol carol falls and breaks her arm is bob liable for the injury?
yes yes
If you voluntary turn back in a financed auto and the auto has been in an accident and you had no insurance coverage what are you libel for?
You are liable for everything. Fixing the car, paying for the car (the balance of the contract) and repo fees.
If you break someones glasses at work are you liable?
Yes, the person that breaks your glasses is responsible for replacing your glasses. You should report the incident to your supervisor so that you ca have a record.
If your laptop breaks and you have LimeWire do you have to pay for the songs?
If you have illegally downloaded songs and it is reported by someone repairing your laptop you are liable to prosecution for theft which can punishable by fines and/or imprisonment. (See links below)
What rhymes with reliable?
Liable and flyable. I'm not liable if it's not flyable or not reliable!Plyable, Liable,
How is the word liable used in a sentence?
He is liable for the damages caused to the property.
Is a cosigner liable for a death if the car has no insurance?
No, a co signor would not be liable. A co-buyer would be liable.
Where can one find wood jewelry that is delicate and petite instead of bold and chunky?
Delicate wooden jewelry is not as common as you might think as it is not as hard wearing as chunky wooden pieces and is liable to splinter or break quite easily. You can find more delicate wooden jewelry is carved from one piece of wood rather than made up of smaller pieces fitted together to make a necklace or bracelet. Online companies such as Novica or GoodWoodNYC offer a wonderful range of wooden jewelry.
If a rock falls off my truck and breaks windshield of following car am I liable?
Yes, most definitely. In fact its best to settle up, rather than deal with police reports and potential DOT penalties.
A tree on my property line grows a branch that hangs over my neighbor's property breaks off during a heavy storm onto their property. Who is liable for the damage?
You are responsible, but your homeowner insurance should cover damage.
