Liability risks - PowerPoint PPT Presentation


Comprehensive Course on Indian Banking System and Asset/Liability Management

This course covers various aspects of the Indian banking system, including functions of commercial banks, bank regulatory environment, product and services provided by commercial banks, bank performance evaluation, asset/liability management, and techniques for managing risks. Participants will gain

3 views • 39 slides


Limited Liabilities Partnership

Limited Liability Partnership (LLP) is a unique business structure that combines aspects of a traditional partnership and a limited liability corporation. It offers partners the benefits of limited liability while providing flexible management and tax options. This structure is commonly utilized by

0 views • 23 slides



Managing Liability Adjustments in QuickBooks_ A Comprehensive Guide to Deletion

To delete a liability adjustment in QuickBooks, navigate to the \"Lists\" menu and select \"Chart of Accounts.\" Locate the account associated with the liability adjustment, then right-click and choose \"Delete.\" Confirm the deletion and choose \"Yes\" to remove the adjustment. Alternatively, acces

4 views • 3 slides


Understanding Sole Proprietorships in Business

This lesson focuses on identifying the characteristics of sole proprietorships. Students will define terms like Business Organization, Sole Proprietorship, Zoning Laws, and Liability. The advantages include decision-making independence and keeping all profits, while disadvantages include unlimited p

0 views • 15 slides


Understanding Fire Departments and Liability Protection in Cities

Explore the relationship between fire departments and city liability protection, covering topics such as ordinances, associations, agreements, volunteer firefighters, and legal considerations. Learn how cities can ensure effective fire protection while managing risks and legal obligations.

0 views • 28 slides


Legal Immunity and Liability in Kentucky State

Analysis of legal principles regarding immunity and liability in the Commonwealth of Kentucky, including factors such as public immunity, official immunity, and governmental employee liability. The content discusses scenarios where immunity may apply and exceptions where personal liability can be im

0 views • 7 slides


Understanding Contractual Liability in Construction Contracts

Contractual liability in construction contracts involves the obligations and responsibilities of parties such as investors and contractors. The liability of investors and contractors is defined by specific regulations in the Civil Code. Investors are responsible for actions like preparing the constr

0 views • 38 slides


Understanding Marine Hull Insurance for Vessels

Marine Hull Insurance encompasses the protection of various vessels, such as ocean-going ships, fishing vessels, and more, covering damages, liabilities, and construction risks. The policy, issued for 12 months, includes Charterers Liability, Ship Repairers Liability, and indemnity for vessels under

0 views • 15 slides


Understanding Vicarious Liability in Labour Law

Vicarious liability in labour law holds employers responsible for the wrongful acts of their employees. The employer may be liable if the act was authorized, necessary for the job, capable of being ratified, and falls within the scope of employment. Various factors must be considered to establish vi

1 views • 34 slides


Liability for Misstatement in Prospectus and Available Remedies

Those who issue prospectuses to the public must provide accurate information, and if there are misstatements, there are legal remedies available such as civil liability against the company, directors, promoters, and experts. Any person who has suffered damages due to misleading information in a pros

0 views • 10 slides


Strict Liability under the Rule of Rylands v. Fletcher

Strict liability under the rule of Rylands v. Fletcher establishes that a person who brings something onto their land that is likely to cause harm if it escapes is responsible for any resulting damage, regardless of negligence. The case of Rylands v. Fletcher (1868) set the precedent for this doctri

0 views • 17 slides


Understanding Vicarious Liability in Legal Relationships

Vicarious liability involves holding one party legally responsible for the wrongful actions of another. This liability applies to relationships such as master-servant, employer-independent contractor, principal-agent, and firm-partners. The basis of a master's liability for a servant's actions can b

0 views • 20 slides


The Role of Actuaries in Addressing Environmental and Climate Changes

Actuaries play a crucial role in assessing and managing risks posed by environmental and climate changes, aiding the insurance industry in mitigating these challenges. They consider long-term risks with significant financial implications, such as physical, transitional, and liability risks. Actuarie

0 views • 20 slides


UF Insurance Requirements and Procurement Guidelines

UF requires suppliers coming onto their property to provide proof of insurance for liability coverage to protect the university's faculty, staff, students, and property. Specific insurance requirements include Commercial General Liability, Automobile Liability, and Worker's Compensation Insurance. P

0 views • 5 slides


Decentralized Policies and Liability Laws in Environmental Protection

Explore the concept of decentralized policies in managing environmental pollution, focusing on liability laws, property rights, and voluntary actions. Discover how decentralized approaches offer advantages in addressing environmental externalities and how liability laws can change incentives for pol

1 views • 37 slides


Understanding Artificial Intelligence Risks in Short and Long Term

This content delves into the risks associated with artificial intelligence, categorizing them into short-term accident risks and long-term accident risks. Short-term risks include issues like robustness problems and interruptibility, while long-term risks focus on competence and alignment challenges

0 views • 15 slides


Overview of Limited Liability Partnership Act, 2008

Limited Liability Partnership (LLP) is a new form of business entity that combines the advantages of corporate structure and traditional partnership. The LLP Act 2008 governs the formation and functioning of LLPs in India, providing features such as separate legal entity, limited liability, perpetua

0 views • 18 slides


Contractual Liability of State in India - Recognition and Application

The liability of the Indian government for breach of contract has been acknowledged since before the inception of the Constitution. Various Acts, such as the Government of India Acts of 1833, 1858, 1915, and 1935, have recognized this liability. Article 299(1) lays down specific formalities for gove

0 views • 10 slides


Understanding Agritourism Legal Issues: Liability Protection and Risk Management

Explore the legal aspects of agritourism, such as liability protection, risk management, basic common law duties, and the assumption of risk theory. Learn about statutory liability protection, waivers, and ways to safeguard your business and assets. Understand the importance of following regulations

0 views • 10 slides


Safeguarding Your Business: Strategies for Liability Protection

Learn essential aspects of protecting your business's legal liabilities by understanding types of liability, forming and maintaining entities like LLCs, obtaining insurance coverage, and using contracts effectively to limit liability risks. Explore key concepts such as two types of liability, entity

0 views • 17 slides


Legal Update on Fence Law, Livestock Liability, and Zoning Regulations

Understanding the legal aspects of fence laws, livestock liability, and zoning regulations is crucial for growers and farmers. This update covers key points such as personal liability limits, compliance with exemptions, and the implications of livestock escaping. It also delves into boundary fencing

0 views • 28 slides


Special Conditions and Product Liability Risks in Civil Aviation Design Approvals

Explore the world of special conditions in civil aviation design approvals, uncovering the associated product liability risks. Delve into regulations, examples, and critical considerations for aircraft certification. Discover unique features such as composite structures, fire protection requirements

0 views • 9 slides


Recent Developments in Illinois Product Liability Law

Three key cases in Illinois have advanced product liability law. Jablonski v. Ford Motor Company, Mitsias v. I-Flow Corporation, and DiCosolo v. Janssen Pharmaceuticals have all set important precedents in the state. These cases address issues such as the post-sale duty to warn, statute of limitatio

0 views • 53 slides


Understanding NC Premises Liability Law

NC Premises Liability Law in North Carolina places the burden of proof on injury victims, highlighting the challenges they may face in pursuing claims against property owners. The law requires victims to prove that property owners knew or should have known about dangerous conditions, emphasizing con

0 views • 22 slides


Environmental Liability and Compensation Regimes: A Comprehensive Overview

Numerous environmental damages have occurred globally, leading to the need for liability and compensation regimes. This includes incidents like the Bhopal gas leak and Chernobyl nuclear accident. Concepts of tort law guide responsibility and compensation in cases of environmental harm, addressing is

0 views • 107 slides


Overview of OSBIE School Council Program and Commercial General Liability Insurance

The OSBIE School Council Program for January 2016 covers regular council meetings, fun fair, fundraisers, and more, while excluding sports team organization and high-risk activities. The Commercial General Liability insurance provides coverage for bodily injury, property damage, products liability,

0 views • 8 slides


Liability of the Mediator in Mediation Processes: A Comparative Perspective

Exploring the liability aspects of mediators in various jurisdictions, this academic session discusses different types of liabilities, submitting liability claims, and scenarios where mediators may face liability issues. It delves into contractual, tortious, and criminal liabilities, examining the n

0 views • 11 slides


Understanding Directors and Officers Liability Insurance

Explore the intricacies of Directors and Officers Liability Insurance, including coverage scope, directors' duties, potential liabilities, recent cases, and Employment Practices Liability. Learn about the evolution of D&O insurance, claims trends, and premium trends. Understand wrongful acts, Compan

0 views • 21 slides


Understanding Limited Liability Companies under Civil Law

Limited Liability Companies (LLCs) under civil law in the context of Bandrovsky Vladyslav involve various aspects such as minimum capital requirements, company organs, share transfers, liability of the company and its management board, civil liabilities, and fault of company governing bodies. These

0 views • 13 slides


Liability Allocation and Information Control in Legal Cases

Explore the concept of foreseeability, liability allocation, and information control in legal cases through examples such as Hadley v. Baxendale and the Flood of 1992. The Best Cost Avoider Approach is analyzed along with scenarios involving contractors, telegraph companies, and movie companies. Und

0 views • 8 slides


Significant Challenges in Wage and Hour Lawsuits

Continued increase in class action wage and hour litigation poses personal liability risks for employers. Recent amendments to New York minimum wage laws and white collar exemptions, along with issues like worker misclassification, create compensation pitfalls for non-exempt employees. The surge in

0 views • 89 slides


Understanding CERCLA, Brownfields Law, and the BUILD Act

Explore the Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA) and its implications for liability, exemptions, and potentially responsible parties. Learn how the Brownfields Law and the Small Business Liability Relief Act provide protections and promote revitalization of

0 views • 44 slides


Liability for Damages Due to Nano-Particles in Swiss Law

This content discusses liability for damages resulting from nano-particles under Swiss law, covering aspects such as liability from manufacturing to disposal, contractual liability, product liability, tort liability, and more. It explains the foundations of liability in Swiss law, challenges related

0 views • 18 slides


Understanding Business Liability and Legal Obligations

Explore the concepts of liability in business partnerships, from limited liability for sleeping partners to full personal liability for general partners. Learn about legal requirements and obligations under the Companies Act and other regulations in business structures. Understand the significance o

0 views • 65 slides


Directors in the Twilight Zone: Trends and Perspectives in Liability Claims

Explore the evolving landscape of director liability claims in the Netherlands and beyond, delving into concepts like insolvencification, CJEU rulings, and the risks of opportunistic behavior. Discover how countries like Belgium are following the trend, while the Netherlands navigates the classifica

0 views • 31 slides


Understanding Climate Risks in India: Insights from the 38th India Fellowship Webinar

Explore the impacts of climate risks in India through the lens of physical and transition risks detailed during the 38th India Fellowship Webinar on January 12, 2023. Key topics include climate change interactions, liability risks, and risk management strategies for a sustainable future.

0 views • 37 slides


Legal Liability of Individuals in Corporate Entities

Explore the individual liability implications in claims against corporate entities, including insights on limited liability companies, dissolved LLCs, preincorporation transactions under the NH Business Corporation Act, and shareholder liability under RSA 293-A. Understand the concept of hostile wor

0 views • 23 slides


Importance of Limitation of Liability in International Traffic and CLNI 2012 Workshop Overview

Understanding the significance of limitation of liability in international traffic is crucial due to the potential for serious damage and financial risks. The CLNI 2012 workshop at the premises of the Danube Commission in Budapest delved into the challenges and operations of limitation funds in the

0 views • 23 slides


Understanding Liability Caps in Business Contracts

Discover the common misconceptions and errors associated with liability caps, including the risks of setting the cap too low or hiding it from clients. Learn the importance of communicating effectively with clients regarding liability caps to avoid potential legal and financial repercussions.

0 views • 9 slides


Understanding Liability in Negligence: Remoteness and Causation

Explore the concept of legal causation in negligence cases by delving into the tests for establishing remoteness. Dive into landmark cases like Re Polemis & Furness, Withy & Co Ltd. [1921] and Overseas Tankship (UK) Ltd v. Morts Dock and Engineering Co Ltd or (Wagon Mound) (No. 1) [1961] to understa

0 views • 12 slides