Sentence examples for liability contract from inspiring English sources

Each kind of liability contract tends to exclude the liability for which another contract has been devised: a personal liability coverage in the homeowner's contract, for example, excludes automobile liability because a special contract has been created for this particular type of liability.

The liability contract is between KiddieCorp and the parents, who must contact the company directly to make arrangements.

Liability, contract drafting, and the administrative tangles of setting up a non-profit are just a few of the difficulties that may daunt people who are trying to start a business.

Practically all liability contracts falling in these four categories have some common elements.

Professional persons requiring liability contracts include physicians and surgeons, lawyers, accountants, engineers, and insurance agents.

Important differences between professional and other liability contracts are the following: 1.

These latter policies are similar to other types of liability contracts.

Business liability contracts may be written to cover loss even if the act that produced the claim was not accidental.

Known as malpractice, or errors-and-omissions, insurance, professional liability contracts are distinguished from general business liability policies because of the specialized nature of the liability.

The prevalence of joint liability contracts relative to individual contracts exhibits a U-shaped relationship with the wealth of the borrowing household and increases with the wealth dispersion.

Results seem to highlight the existence of a trade-off between outreach and the average loan size per borrower when MFIs decentralize credit decisions or establish joint liability contracts.