Sentence examples for limits liability from inspiring English sources

Exact(8)

A limited liability partnership (LLP) offers more protection to individual partners as it limits liability to what each partner has invested in the business.

After the necessary home and auto policies, the most crucial thing is to have an umbrella policy that limits liability.

In the end, the challenge is to fashion a rule that limits liability but permits adjudication of meritorious claims.

The biotech industry wants the government to limit its liability, just as a 1957 law, the Price-Anderson Act, limits liability for nuclear accidents resulting from the operation of nuclear power plants.

Section 12 prohibits the sale of unregistered, nonexempt securities as well as the sale of securities by means of a material misstatement or omission; and it limits liability to those who offer or sell the security.

By preventing the attribution of responsibility for certain fortuitously-caused harms, proximate cause doctrine thus limits liability to instances in which there is not merely wrongful conduct on the part of the tortfeasor, but wrongful conduct towards - i.e., a wronging of - the victim.

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Similar(52)

In general, corporations, limited liability companies and limited partnerships must file with their state.

It's limited liability.

What is this private or public limited liability?

(For instance, they featured limited liability for passive investors).

Andersen in America is a limited liability partnership.

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