What Is A Strict Liability Lawsuit?

What Is A Strict Liability Lawsuit? In both tort and criminal law, strict liability exists when a defendant is liable for committing an action, regardless of what his/her intent or mental state was when committing the action. In criminal law, possession crimes and statutory rape are both examples of strict liability offenses. What are examples

What Is Limited Liability In Business Easy?

What Is Limited Liability In Business Easy? Limited liability is a type of legal structure for an organization where a corporate loss will not exceed the amount invested in a partnership or limited liability company (LLC). In other words, investors’ and owners’ private assets are not at risk if the company fails. What is the

What Is Florida Financial Responsibility Law?

What Is Florida Financial Responsibility Law? The financial responsibility law is a law that requires certain Florida drivers to carry additional insurance to cover fault for serious accidents. These laws apply to drivers who are considered high risk because of their previous driving history, including drunk driving or a serious accident. Do you require a

What Is A Unlimited Liability In Business?

What Is A Unlimited Liability In Business? An unlimited liability company involves general partners and sole proprietors who are equally responsible for all debt and liabilities accrued by the business. Most companies opt to form limited partnerships, where a partner’s liability cannot exceed their investment in the company. What are limited and unlimited liabilities? Limited

What Is The Difference Between Several And Joint And Several?

What Is The Difference Between Several And Joint And Several? For example, in partnership law joint liability applies with regard to the liability of partners for partnership debts. … Joint and several liability arises where two or more persons under the same contract jointly promise to do the same thing, and also severally make separate

What Is The General Rule With Regard To Employer Liability For Employee Accidents Occurring While The Employee Is On The Way To Work?

What Is The General Rule With Regard To Employer Liability For Employee Accidents Occurring While The Employee Is On The Way To Work? c. What is the general rule with regard to employer liability for employee accidents occurring while the employee is on the way to work? a. The employer is generally not liable. Which

What Is Criminal Liability For Another Person?

What Is Criminal Liability For Another Person? Accomplice liability, often referred to as aiding and abetting, is a legal provision that dispenses the same penalties as those that would ensue for the actual crime itself. … What does liability of crimes of another mean? What Does Criminal Liability Mean? In simplest terms, when you are

What Is The Business Judgement Rule Australia?

What Is The Business Judgement Rule Australia? Australia has a statutory business judgment rule in section 180(2) of the Corporations Act that was introduced in 2000. … The business judgment rule only allows directors to defend themselves against allegations they have breached their duty to act with care and diligence. How does business Judgement rule