Sentence examples for liability shifts from inspiring English sources

Technically speaking, liability shifts over from the merchant to the bank if EMV is enabled at POS and the bank still hasn't issued the user an EMV card.

For example, the legislation of the early 19th century which allowed companies to be set up with limited liability shifted a portion of default risk from shareholders to creditors.

Tax evasion is reduced, if a liability shift to the manager coincides with decreasing compensation.

However, merchants must also understand this advancement has created a liability shift.

The truth is that the big card networks could, by way of liability shift, force NFC into use.

At the same time, businesses themselves are preparing for the EMV liability shift taking place on October 1, 2015.

Still, it would behoove retailers to adopt the new technology before October 2015, when the "liability shift" is scheduled to kick in.

(2013) and Crocker and Slemrod (2005) allow for the following empirical prediction: A liability shift for corporate tax evasion from shareholders to managers decreases the level of corporate tax evasion.

The U.S. EMV liability shift is being hailed as a firewall against fraud; in reality, it's nothing more than a half-measure taken by credit card companies and banks to protect themselves while leaving retailers holding the bag.

JD – "Is the new EMV terminal adoption a mandate or a recommendation?" GP – "It is not a mandate yet, but there will be liability shift for transactions generated via mag stripe card or from a mag stripe only terminal".

But they are likely to simply redistribute these liabilities, shifting them from government to individuals — especially those with children to educate, or sick, disabled or frail family members to care for.