Phrases with «to share the liability»

"To share the liability" means dividing the responsibility or legal obligation with other people or parties. It implies that each individual or group involved will bear a portion of the financial or legal consequences for a particular act or situation. Full definition

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Sentences with «to share the liability»

  • Equity partnership involves shared liability for the debts of the firm, a capital contribution, voting rights regarding the affairs of the firm, and compensation based on a share of the profits. (seltzerfontaine.com)
  • Some insurance companies sell home - sharing liability insurance that can be bought on a month - to - month basis. (insuramatch.com)
  • However, there might be others who share the liability in addition to the impaired driver. (paigedonnelly.com)
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