acceptance liability

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• Liability Convention — The Convention on International Liability for Damage Caused by Space Objects, also known as the Space Liability Convention, is a treaty that expands on the liability rules created in the Outer Space Treaty of 1967. Because relatively few… …   Wikipedia

• liability — 1) The funding of a business debt. See current liabilities; deferred credit; long term liability; secured liability 2) An obligation to make a financial payment. See contingent liability 3) The acceptance of an insurance risk …   Big dictionary of business and management

• acceptance — accept ► VERB 1) agree to receive or undertake (something offered or proposed). 2) regard favourably or with approval. 3) believe or receive as valid or correct. 4) take on (a responsibility or liability). 5) tolerate or submit to. DERIVATIVES… …   English terms dictionary

• Occupiers' Liability Act 1984 — Parliament of the United Kingdom Long title An Act to amend the law of England and Wales as to the liability of persons as occupiers of premises for injury suffered by persons other than their visitors; and to amend the U …   Wikipedia

• limited liability — a liability restricted by law or contract, as the liability of owners of shares in a corporation or limited company, or that of a special partner. [1850 55] * * * Condition under which the loss that an owner (shareholder) of a business may incur… …   Universalium

• Offer and acceptance — Contract law Part o …   Wikipedia

• Bankers' acceptance — A banker s acceptance, or BA, is a time draft drawn on and accepted by a bank. Before acceptance, the draft is not an obligation of the bank; it is merely an order by the drawer to the bank to pay a specified sum of money on a specified date to a …   Wikipedia

• Directors and officers liability insurance — (often called D O) is liability insurance payable to the directors and officers of a company, or to the organization(s) itself, to cover damages or defense costs in the event they suffer such losses as a result of a lawsuit for alleged wrongful… …   Wikipedia

• Space Liability Convention — The Convention on International Liability for Damage Caused by Space Objects, also known as the Space Liability Convention, is a treaty that expands on the liability rules created in the Outer Space Treaty of 1967. Because relatively few… …   Wikipedia

• bankers' acceptance — United Kingdom A form of bill of exchange issued by a customer of a bank and backed by the bank accepting primary liability upon the bill s maturity (the customer remains secondarily liable as drawer of the bill). A bankers acceptance is an… …   Law dictionary

• manufacturer's liability — ▪ law       legal concept or doctrine that holds manufacturers or sellers responsible, or liable, for harm caused by defective products sold in the marketplace. Manufacturer s liability is usually determined on any of three bases: (1) negligence …   Universalium