The act of payment engages the liability of the person who makes it.
If Oliver's forgiveness of $15 million in medical debt causes, as he stated, no tax consequences to the borrowers, then that must mean that payment of those liabilities would have given rise to a tax deduction, right?
The one to Bostwick was executed as security for the payment of liabilities and indebtedness which already had been or might thereafter be incurred by him on account of Whitney, either by indorsement or otherwise, to an amount not exceeding $2,500.
They regulate mostly the form and conditions of the contract of carriage; its performance, including delivery and payment of the charges; its modifications; the liability of the carrier for delay, loss, or damage; and the enforcement of the contract by actions.
"(e) A liability insurer who by payment has discharged the liability of a tortfeasor judgment debtor shall be subrogated to his right of contribution.
"The threat depends on the final settlement and payment terms of the tax liability," he said.
This conduit relationship necessitates the existence of sales tax liability accounts for each client and when this payment is made, the liability is satisfied.
For the payment of the remainder of the debts and liabilities of Texas, which, together with the amount already specified, shall not exceed ten millions of dollars, the public lands herein ceded and the nett revenue from the same are hereby pledged.
We used the Wilcoxon Rank-Sum test to study bivariate associations of the liability, damage, and mental compensation payment in medical malpractice litigation judgment.
(B) Begins to pass through without delay all payments it receives on its asset obligations (less reasonable allowances for expenses) as principal payments on its liability obligations in proportion to the adjusted issue prices of the liability obligations.
Endorsement transfers the rights of the endorser to the new holder and also creates a liability of the endorser for payment of the amount of the draft if the drawee does not meet payment when the draft becomes due.
