Personal Liability - Law Dictionary Search Results
bailee
bailee : an individual or entity (as a business organization) having possession of another's personal property under a bailment NOTE: Carriers and warehouses are two examples of bailees. A bailee's liability for loss
collision insurance
own automobile from upset or collision with another object or vehicle. Collision insurance does not cover bodily or personal injury, and it may not cover other property damage liability arising out of the collision.
corporation
existing as a voluntary chartered association of individuals that has most of the rights and duties of natural persons but with perpetual existence and limited liability see also pierce compare association, partnership, sole proprietorship close corporation [klōs-]
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exempt
subject : not subject or liable [certain properties are declared to be and cannot be taken by a person's creditors "J. H. Williamson"] vt : to release or exclude from some liability (as in taxation), obligation, or
foreseeability
Cal. Ass'n of Seventh Day Adventists, 14 Cal. App. 3d 209 (1971)"] 2 : the doctrine esp. of tort and contract law that liability is limited to losses that are foreseeable see also Palsgraf v. Long Island
Pooling
The act of uniting or an agreement to unite an aggregation of properties belonging to different persons with a view to common liabilities or profits … or an agreement to unite an aggregation of properties belonging to different persons with a view to common liabilities or profits
Deposit pre-contract
Deposit pre-contract, means any sum paid by any person as an earnest of his intention to acquire an interest in land or towards meeting any liability which
In such capacity
In such capacity, the words 'in such capacity' mean nothing more than the capacity of a person who carries on the business as the predecessor, was carrying it on that is, with a liability to
Lay Rector
Lay Rector. A person holding by title under lay impropriation (see that title). As to the lay rector's liability to repair, see
Marine adventure
maritime perils; (iii) any liability to a third party may be incurred by the owner of, or other person interested in or responsible for, insurable property by reason of maritime perils. [Marine Insurance Act, 1963 (11 of
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