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In the real world, rather than that of accounting abstraction, IBM had an "invisible liability" of something like $20 billion, and its stock suffered accordingly.
If you are unsure about the legal liability of something that you want to write, consider not writing it.
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Many of the general practitioners reported that they are adopting the principles of patient informed choice – they are reluctant to provide a strong opinion or recommendation to their patients, often due to their own lack of confidence in the safety of the vaccine and their fear the consequences of liability should something go wrong.
Surely, that absolves you of liability if something goes wrong, right?
Instead of measuring vital signs at an annual check-up, they could find themselves being asked to examine huge data sets created by patients—raising the question of legal liability if something is missed.
Huffman says that Reddit doesn't collect that much user data largely because they "don't want the liability of having it, whether it's something that advertisers would get or something law enforcement would ask for, or the government would ask for, or information we could lose if there was a breach".
A second tension point between maintaining one's professional identity and participating in pedagogical change is that embracing a teaching identity as part of one's scientific professional identity can be perceived as a liability and something to be hidden.
The first step, of course, was to transform the made-in-Korea label from a liability into something approaching an asset.
If it did know something, the potential criminal liability of AWB officers could be diminished.
"The executive branch anticipates that without some sort of liability protection, one-way information sharing is all you can expect from industry, until we do something about the potential liability of companies if they share cyber threats," Mushahwar said.
The partnership merely mitigates her liability if something goes awry with the drilling.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com