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Steven Shavell, The Optimal Level of Corporate Liability Given the Limited Ability of Corporations to Penalize Their Employees, 17 Int'l Rev. L. & Econ.
However, the introduction of AI technology into clinical practice gives rise to challenging legal questions of liability given the absence of pertinent case law.
For Democrats, meanwhile, nervousness should revolve around the fact that Mr. Obama is a potential liability given this district's tepid reviews of him, and its trend toward greater Republican voting in presidential elections.
One can make a case that this is an asset as well as a liability, given the across-the-board distaste for traditional politicians of any kind right now, as well as the fact that having served in office gives voters more of a track record to pick apart.
But Lawrence G. Walters, a Florida lawyer who specializes in investment law and who has consulted for some prospective American investors, said that the government would have difficulty finding a theory of liability given that the investors do not control the offshore casinos or direct their activities.
Thus, although the Court of Chancery continued to be unpersuaded that it could label Handelsman as having acted with the state of mind required to expose him to liability, given the exculpatory charter protection to which he is entitled, it was persuaded that Cerro's desire to sell influenced how Handelsman approached his duties and compromised his effectiveness.
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Potential civil liability gives corporations an incentive to improve their conduct.
Hans-Werner Sinn, the head of Ifo, an economic research institute in Munich, argues that limited liability gives them a reason to flirt with disaster.
Pre-TCJA Section 162(f) was also interpreted to apply to amounts paid to non‑governmental victims if the origin of the liability giving rise to the payment was in the nature of a fine or penalty owed to a government and the government controlled or directed the payment, whereas a compensatory payment paid to a victim to restore the victim to its prior state was deductible.
Instead, the theory would have to rely on strict liability, give up on the normally required connection between injurer and victim, and accept undesirable distributive consequences.
That liability gives car manufacturers a powerful incentive to take a belt-and-suspenders approach to the self-driving features of their cars, with redundancies and fail-safe mechanisms, and to test the living daylights out of them before bringing them to market.
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