Q. Isn't there an increased potential for liability in such a system?

This is why we are now proposing regulation for liability.

Who is responsible for the debts and liabilities of the business?

Generally, both spouses are responsible for liability on a joint return.

Aides to the Mayor said his decisions were made without regard for political liability.

This model suggests that knowledge is not exclusively relevant for liability.

Shareholders therefore experience some loss of privacy in return for limited liability.

Good travel insurance will cover you for personal liability.

What the rules for affixing liability should be was suggested only in general terms by the Court's 1986 decision.

A call has now been made for joint liability.