"standard of liability" is a correct and common phrase in written English.
It refers to the level or degree of responsibility that a person or entity has for their actions or omissions. It is often used in legal contexts to refer to the level of care or duty that is expected from a person or company. Example: The standard of liability for medical professionals is to provide a reasonable level of care to their patients. Another example: The company was held to a higher standard of liability due to their history of safety violations.
The same result holds if firms are liable for harm under the negligence standard of liability.
With this standard of liability, I believe directors would ask those questions owners would ask or they would resign.
They argue that the "remedial purposes" of the Acts demand a construction of § 10(b) that embraces negligence as a standard of liability.
The Exculpation Provision in the Debtor's Plan, however, goes beyond the applicable standard of liability that could be read into § 1103.
Plaintiffs fail in their attempt to impose some sort of higher standard of liability on the director defendants that were on Citigroup's board at the time of its involvement with Enron.
If federal and state officials are successful in proving gross negligence against BP in its handling of the spill, the fines against the company will be four times as high as under a lower standard of liability, negligence.
The House Judiciary Committee failed to follow the first step in due process: establishing the standards of liability for impeachment.
Disparate treatment and disparate-impact claims come with different standards of liability, different defenses, and different remedies.This may, indeed, be a troublesome feature of the majority's decision.
"The idea is really to put the management's net worth at stake," says José Luiz Homem de Mello of Pinheiro Neto, a São Paulo law firm.Yet imposing stricter standards of liability has costs.
Amadei, Xavier (2001) "Standards of Liability for Internet Service Providers: A Comparative Study of France and the United States with a Specific Focus on Copyright, Defamation, and Illicit Content," Cornell International Law Journal: Vol. 35 : No. 1, Article 4.
The Court of Chancery, for example, has acknowledged that there are still several "important and interesting questions" with respect to officers' fiduciary duties and the appropriate standards of liability therefor.
