Liability
A liability can mean something that is a hindrance or puts an individual or group at a disadvantage, or something that someone is responsible for, or something that increases the chance of something o...
The Law And The Robot
Let’s get hypothetical. Say sometime in the future, a person purchases a household robot. Its functions extend to cleaning services, but it’s capable of learning new ways to clean over time, albeit in...
This brilliant pyramid outlines the 6 steps to financial success
You may have heard of the hierarchy of needs ... but what about the hierarchy of FIRE? It's the ranking of primary human needs for psychological well-being as described by American psychologist Abraha...
Debt
A debt generally refers to money owed by one party, the debtor, to a second party, the creditor. Debt is generally subject to contractual terms regarding the amount and timing of repayments of princi...
Product liability
Product liability is the area of law in which manufacturers, distributors, suppliers, retailers, and others who make products available to the public are held responsible for the injuries those produc...
The Law And The Robot
Let’s get hypothetical. Say sometime in the future, a person purchases a household robot. Its functions extend to cleaning services, but it’s capable of learning new ways to clean over time, albeit in...
Civil Auto Liability
Civil Auto Liability (Romanian: Răspundere Civilă Auto) is a Romanian motor-vehicle liability insurance policy that covers damages caused to third parties. This insurance is legally mandatory for ...
This brilliant pyramid outlines the 6 steps to financial success
You may have heard of the hierarchy of needs ... but what about the hierarchy of FIRE? It's the ranking of primary human needs for psychological well-being as described by American psychologist Abraha...
Chinese drywall
"Chinese drywall" refers to an environmental health issue involving defective drywall manufactured in China and imported to the United States starting in 2001. Laboratory tests of samples for volatile...
Chinese drywall - Wikipedia
Limited liability
Limited liability is where 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. If a company with limited liability i...
Occupiers' liability in English law
(This article describes English law.) Occupiers' liability is a field of tort law, codified in statute, which concerns the duty of care owed by those who occupy real property, through ownership or lea...
Accrued liabilities
Accrued liabilities are liabilities that reflect expenses on the income statement that have not been paid or logged under accounts payable during an accounting period; in other words, obligations for ...
Long-term liabilities
Long-term liabilities are liabilities with a future benefit over one year, such as notes payable that mature longer than one year.In accounting, the long-term liabilities are shown on the right wing o...
Liability and Student Records
Parents and legal guardians in the United States have the right to inspect their child's records. A school official should be present to assist a parent or guardian in interpreting information contai...
Statutory liability
Statutory Liability is a legal term indicating the liability of a party who may be held responsible for any action or omission due to a related law that is not open to interpretation.Although the term...
Strict liability
In law, strict liability is a standard for liability which may exist in either a criminal or civil context. A rule specifying strict liability makes a person legally responsible for the damage and los...
Domestic liability dollarization
Domestic liability dollarization (DLD) refers to the denomination of banking system deposits and lending in a currency other than that of the country in which they are held. DLD does not refer exclusi...
Asset/liability modeling

The ongoing financial crisis drove the 100 largest corporate pension plans to a record $300 billion loss of funded status in 2008. In the wake of these losses, many pension plan sponsors have bee...
StarLink corn recall
The StarLink corn recalls occurred in the autumn of 2000, when over 300 food products were found to contain a genetically modified corn that had not been approved for human consumption. It was the fir...
StarLink corn recall - Wikipedia
Warsaw Convention
The Convention for the Unification of certain rules relating to international carriage by air, commonly known as the Warsaw Convention, is an international convention which regulates liability for int...
List of largest pharmaceutical settlements
The following is a list of the 20 largest settlements reached between the United States Department of Justice and pharmaceutical companies from 1991 to 2012, ordered by the size of the total settlemen...
Asset liability management
Initially pioneered by Anglo-Saxon financial institutions during the 1970s as interest rates became increasingly volatile, asset and liability management (often abbreviated ALM) is the practice of man...
Asset liability management - Wikipedia
Evasion of liability by deception
Evasion of liability by deception was formerly a statutory offence in England and Wales and Northern Ireland.
This offence was created by the Theft Act 1978. The law clarified existing law to exp...
Occupiers' Liability Act 1984
The Occupiers' Liability Act 1984 (c. 3) is an Act of the Parliament of the United Kingdom that covers occupiers' liability for trespassers. In British Railways Board v Herrington 1972 AC 877, the Hou...
Capacity in English law
Capacity in English law refers to the ability of a contracting party to enter into legally binding relations. If a party does not have the capacity to do so, then subsequent contracts may be invalid; ...
Capacity in English law - Wikipedia