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assume a liability for debts

См. также в других словарях:

  • assume — as·sume vt as·sumed, as·sum·ing 1: to voluntarily take upon oneself assume a risk 2: to take over (the debts or obligations of another) as one s own assume a mortgage Merriam Webster’s Dictionary of Law. Merriam Webster …   Law dictionary

  • liability — n. 1) to accept, acknowledge, assume, incur, take on a liability 2) full; limited liability 3) a liability for (we assumed full liability for our children s debts) * * * [ˌlaɪə bɪlɪtɪ] acknowledge assume incur limited liability take on a… …   Combinatory dictionary

  • Vicarious liability (criminal) — The legal principle of vicarious liability applies to hold one person liable for the actions of another when engaged in some form of joint or collective activity. For the civil law system, see vicarious liability. For liability attributed to a… …   Wikipedia

  • Judicial system of the People's Republic of China — For the Ministry of Justice, see Ministry of Justice of the People s Republic of China. People s Republic of China This article is part of the series: Politics and government of …   Wikipedia

  • Odious debt — In international law, odious debt is a legal theory that holds that the national debt incurred by a regime for purposes that do not serve the best interests of the nation, should not be enforceable. Such debts are, thus, considered by this… …   Wikipedia

  • Legal fiction — In the common law tradition, legal fictions are suppositions of fact taken to be true by the courts of law, but which are not necessarily true. They typically are used to evade archaic rules of procedure or to extend the jurisdiction of the… …   Wikipedia

  • South African contract law — is essentially a modernised version of the Roman Dutch law of contract, [1] which is itself rooted in Roman law. In the broadest definition, a contract is an agreement entered into by two or more parties with the serious intention of creating a… …   Wikipedia

  • TAXATION — This article is arranged according to the following outline: historical aspects legal aspects the biblical period the talmudic period the post talmudic period in general yardsticks of tax assessment taxable property Place of Residence, Business,… …   Encyclopedia of Judaism

  • insurance — /in shoor euhns, sherr /, n. 1. the act, system, or business of insuring property, life, one s person, etc., against loss or harm arising in specified contingencies, as fire, accident, death, disablement, or the like, in consideration of a… …   Universalium

  • Economic Affairs — ▪ 2006 Introduction In 2005 rising U.S. deficits, tight monetary policies, and higher oil prices triggered by hurricane damage in the Gulf of Mexico were moderating influences on the world economy and on U.S. stock markets, but some other… …   Universalium

  • Corporate law — (also company or corporations law) is the study of how shareholders, directors, employees, creditors, and other stakeholders such as consumers, the community and the environment interact with one another under the internal rules of the firm.… …   Wikipedia

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