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So liability first reason we go abstract — but not only reason!
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Although there have been no accidents so far, liability is the word that haunts Mr. Koons.
But that was deemed to deprive industry of much-needed capital so limited liability was brought in.That transferred the responsibility for monitoring bank managers from shareholders to depositors.
So adjusting liability rates by make and model would have meant raising rates sharply for poor families while cutting them for affluent families.
So strict liability does not induce extra care.
So that liability went from an unknown to a known figure.
Failure to do so creates liability for that officer and agency".
"There were so many liability issues in hosting such an event," she said.
So your liability can grow exponentially as the timeline gets longer".
The verdict was that ten of the insurers involved in the dispute were subject to the "one occurrence" interpretation, so their liability was limited to the face value of those policies.
An SUV will likely do more damage to another vehicle on the road so the liability premium for this larger make and model will often be higher than a smaller make and model.[3].
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com