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enterprise liability
noun
A legal doctrine and form of secondary liability under which individual entities can be held jointly liable for some action on the basis of being part of a shared enterprise.
Exact(1)
Patrick Atiyah argues that the doctrine came from a time of rising trade through middlemen, and was designed to simplify commercial transactions and encourage enterprise liability.
Similar(59)
Shortly before a trial began, Enterprise admitted 100% liability.
Each enterprise's net tax liability is commonly calculated as the sum of all taxes it collects on goods it sells minus the sum of all the taxes it has paid on goods it has bought.
As long as the firm's enterprise value exceeds its liabilities, it says, the firm can continue to finance itself.
State-owned enterprises represent contingent liabilities if they are likely to lose money.
Capital costs include the costs of land, guideways, structures, stations, and rolling stock (vehicles); operating costs include labour to operate the vehicles, maintain the system, and manage the enterprise; energy; replacement parts; and liability costs (or insurance).
If its enterprise value falls below its liabilities, equity holders will avoid further losses via a "put" to debt holders, meaning they bail out and let creditors fight over the remains.
If its enterprise value falls below its liabilities, equity holders will avoid further losses by a "put" to debt holders, meaning they bail out and let creditors fight over the remains.
Included, however, are those of a criminal enterprise, which would not attract tortious liability in the civil law.
You may need to register your business as a limited liability company, a civil enterprise, a limited liability stock corporation, a subsidiary or a branch.
Fixed assets and long-term liabilities assigned to a specific enterprise fund are referred to as fund fixed assets and fund long-term liabilities.
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