liability legislation

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• Liability insurance — is a part of the general insurance system of risk financing. Originally, individuals or companies that faced a common peril , formed a group and created a self help fund out of which to pay compensation should any member incur loss. The modern… …   Wikipedia

• Liability — A financial obligation, or the cash outlay that must be made at a specific time to satisfy the contractual terms of such an obligation. The New York Times Financial Glossary * * * liability li‧a‧bil‧i‧ty [ˌlaɪəˈbɪlti] noun liabilities PLURALFORM …   Financial and business terms

• liability — 1) In the broad legal sense, responsibility or obligation. For example, a person is liable to pay his debts, under the law; 2) In accounting, any debt owed by an individual or organization. Current, or short term, liabilities are those to be paid …   Financial and business terms

• liability insurance — insurance covering the insured against losses arising from injury or damage to another person or property. * * * Insurance against claims of loss or damage for which a policyholder might have to compensate another party. The policy covers losses… …   Universalium

• Limited liability company — This article is about a U.S. specific business entity form. For limited liability companies in the United Kingdom, see Limited company. For a general discussion of entities with limited liability, see Corporation …   Wikipedia

• Strict liability (criminal) — In criminal law, strict liability is liability for which mens rea (Latin for guilty mind ) does not have to be proven in relation to one or more elements comprising the actus reus (Latin for guilty act ) although intention, recklessness or… …   Wikipedia

• 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

• List of United States federal legislation — NoTOC This is a partial list of notable United States federal legislation, in chronological order. At the federal level in the United States, legislation (a.k.a. statutes or statutory law ) consists exclusively of Acts passed by the Congress of… …   Wikipedia

• Breed-specific legislation — (BSL), is any law, ordinance or policy which pertains to a specific dog breed or breeds, but does not affect any others. The term is most commonly used to refer to legal restrictions or prohibitions on the breeding and ownership of certain breeds …   Wikipedia

• Federal Employers Liability Act — The Federal Employers Liability Act (FELA), 45 U.S.C. § 51 et seq. (1908) is a United States federal law that protects and compensates railroaders injured on the job. Background In the years between 1889 and 1920, railroad use in the United… …   Wikipedia

• Limited liability — is a concept whereby a person s financial liability is limited to a fixed sum, most commonly the value of a person s investment in a company or partnership with limited liability. A shareholder in a limited company is not personally liable for… …   Wikipedia