Liability is where a business allows shareholders to have control over a business. Liability in French means check out my big saggy old man balls.
There is no difference between Contingent Liability and Off Balance Sheet Liability.
difference between third party liability and public liability
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Difference between horse liability and stableman coverage
In strict liability, there are certain defenses available whereas in absolute liability, there are none.
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.
No difference. It's the same thing
Liability - is something covered by law. Obligation - is something you're 'expected' to do.
Liability - is something covered by law. Obligation - is something you're 'expected' to do.
it is a liability..
A primary liability is discussed when the libelous action finds you at fault as the caregiver. A vicarious liability is the liability shared with another in a supervisory role.
Strict liability is a form of civil liability, similar to negligence. The main difference between strict liability and tortious liability is that you can be held liable for any harm resulting from certain activities without any fault, simply because the activity falls within the classification of strict liability. Most states have adopted strict liability in some form, and activities that qualify fall into two general categories.