Sentences with phrase «carried as a liability»

You will have to pay interest, which is usually carried as a liability on the company's balance sheet.

Not exact matches

Most businesses (whether incorporated or not) carry insurance to protect against damage claims for negligence, such as errors and omissions insurance and general liability coverage.
In your case, $ 189,000 in deferred taxes would be carried as an offsetting liability on your balance sheet.
With all respect MW, Wenger should see that Ospina is a liability but yet he carries on regarding him as World class.
As great as he is at carrying the football, he's not a liability on passing downs as he's comfortable as a safety valve in the passing game and he'll roll up his sleeves in pass pro to keep his quarterback cleaAs great as he is at carrying the football, he's not a liability on passing downs as he's comfortable as a safety valve in the passing game and he'll roll up his sleeves in pass pro to keep his quarterback cleaas he is at carrying the football, he's not a liability on passing downs as he's comfortable as a safety valve in the passing game and he'll roll up his sleeves in pass pro to keep his quarterback cleaas he's comfortable as a safety valve in the passing game and he'll roll up his sleeves in pass pro to keep his quarterback cleaas a safety valve in the passing game and he'll roll up his sleeves in pass pro to keep his quarterback clean.
Not to get carried away as especially the Ox might yet prove to be a liability defensively if he fails to add positional discipline to his game.
Although viewed by many as a political liability, President Obama carries substantial support in some areas.
With a population as diffuse as postdoctoral scholars, does the institution have adequate assurance that patent agreements are being signed, that conflict of interest and other mandated reporting is being carried out, that risk management and liability needs are covered, and that postdocs are not falling through administrative cracks?
Limitation of liability of the European CanCer Organisation: in the event of it being impossible for ECCO - the European CanCer Organisation to carry out the meeting for force majeure cases (strikes, fires, damages, or other fatal occurences), so long as this arises from a cause not attributable to ECCO - the European CanCer Organisation, then the Organisation shall only be obliged to reimburse the payments received subject to deduction of any costs it has incurred in preparing the event.
And yet, tough training topics can also be some of the most important ones for your staff since many of them carry big liability and risk implications (such as bullying and harassment training) or have huge effects on business success (such as drug and alcohol policy training).
And as a result many pension funds now carry billions of dollars in unfunded liabilities forcing them to allocate more money to pay off their debts.
Indie labels carry a similar legal and financial responsibility as a Limited Liability Corporation.
As a rule of thumb, if your premium for comprehensive and collision is more than 10 percent of your vehicle's total value, consider carrying liability - only coverage.
Carrying full coverage is much more expensive than liability - only, as it can consist of up to 50 percent of your total premium.
As long as you are not financing a vehicle, you will have a choice between carrying liability - only insurance coverage, which pays for injuries and damage sustained by others due to your negligence, and full coveragAs long as you are not financing a vehicle, you will have a choice between carrying liability - only insurance coverage, which pays for injuries and damage sustained by others due to your negligence, and full coveragas you are not financing a vehicle, you will have a choice between carrying liability - only insurance coverage, which pays for injuries and damage sustained by others due to your negligence, and full coverage.
Carrying enough liability coverage to protect yourself is a very different matter from carrying enough liability coverage to protect yourself as well as the propertCarrying enough liability coverage to protect yourself is a very different matter from carrying enough liability coverage to protect yourself as well as the propertcarrying enough liability coverage to protect yourself as well as the property owner.
So if you're carrying an umbrella and accidentally injure another person with it while walking down the street, your liability kicks in for the persons medical bills as a result of the incident, as well as other related expenses.
Such losses are generally viewed as liabilities that carry forward until future cancellation.
In Florida, as of early 2010, you needed to carry bodily injury liability ($ 10,000 per person, $ 20,000 per accident), $ 10,000 worth of property damage liability, and personal injury protection (PIP).
If you carry out short - term rentals frequently, you can register the activity as a Limited Liability Corporation (LLC).
AllCheck Inspections carries not only business liability insurance, but errors and omission with referring agent indemnity as well.
As is the case in just about every other state, Texas law requires that drivers and vehicle owners carry a minimum amount of liability insurance.
On top of getting inspectors licensed, Anderson argues that agents have also been behind the push in many states to include regulatory statutes that require inspectors to carry E&O insurance, as this further protects Realtors from liability by providing another pocket to pick if things go south in the transaction.
As an example, if you are carrying 100 / 300/50 in liability on your vehicle and are involved in a major accident, and owe $ 450,000 in damages, the umbrella policy kicks in after the $ 300,000 on your liability policy is used up.
As an example, the state of Colorado requires drivers to carry liability limits of 25/50/15, which translates into $ 25,000 per person, $ 50,000 for the entire accident, and $ 15,000 for property damage.
The logical thing is a reduction in Equity through a negative Treasury Stock entry — makes sense, an Asset (Cash) is decreased / eliminated because of the buyback, so we need a corresponding reduction in the Liability side of the B / S, in Equity — but on occasion I've seen shares rather bizarrely carried on the B / S as an Asset!
Carry at least as much uninsured / underinsured protection as you do liability.
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Or an application specific survey could have been created but that would of course entail cost as well as inevitably carrying the usual liabilities of survey design, response rates etc..
In the Sturmer case, a case challenging a local option by - law, the court upheld Chancellor Boyd's order for costs against non-parties who were found to have put up «a man of straw» in whose name the litigation would be carried on so as to avoid anticipated liability for costs upon dismissal of the action.
From a corporate perspective, this can range from assisting with the choice of the business medium through which the new venture will be carried on — a private company, a public company, a limited liability partnership or as a sole trader — through to preparing suitable forms of shareholders» agreements or partnership agreements.
As well, our insurance lawyers carry on a very vigorous liability defence practice, together with strong casualty, life and disability defence practises.
As CentralMaine.com reports, an estimated 42,000 out of 930,000 drivers in this state do not carry the base - level, minimum requirements for liability auto insurance.
Professionals often carry on their professional practice as partners in a partnership or limited liability partnership.
Carrying liability insurance in as high of a coverage amount as is financially possible for you is a smart idea, and can protect you if you cause serious damages to another party through an act of your own fault.
For service recipients careful consideration should be given to any clause capping liability as the risk of loss beyond the capped amount is effectively carried by them.
Despite this general rule, courts have struggled with questions involving making owners of programmed systems responsible for damages suffered by third parties as a result of their use, in many cases due to policy concerns about imposing such liability... there is a significant difference between an entity that makes copies at the request of an individual and an entity that uses pre-programmed computers to carry out the request automatically...
Half of the UK's 20 largest law firms are carrying some degree of bank borrowing, limited liability partnership (LLP) accounts have revealed, as law firm debt comes increasingly into focus in the wake of the recent collapse of Cobbetts.
He believes in securing justice for the injured party as quickly as possible, while ensuring that a painstaking enquiry is carried out to establish the full liability of the defendant.
Again, any income claims should be construed as atypical results and you assume the risk that inferior results obtain, including losses, for which we carry no responsibility or liability.
Every business should carry general liability insurance as it protects the business from property damage, bodily injury, advertising injury, environmental impact, and personal injury claims.
However, as illustrated above, an investor in a business carried out through a corporate or limited partnership structure sacrifices control over the management of the business, and therefore loses some control over its investment, in exchange for limited liability protection.
Maine requires all motorists to carry liability insurance in the amounts of $ 50,000 per person, $ 100,000 per accident, and $ 25,000 in property damage, as well as uninsured motorist insurance and medical payments coverage.
The judge referred to the governing legal test for determining if an employer is vicariously liable for employee sexual misconduct, and concluded that because the alleged abuse was said to have occurred while the teacher was simply carrying out his ordinary duties as a teacher, without taking advantage of any specialized opportunities afforded to him by virtue of his employment, no vicarious liability would have attached to the school board even if the alleged sexual misconduct had been proven.
As a motorcyclist, you're required to carry liability insurance, which covers any injuries or property damage if you cause a crash.
Whilst compliance with the requirements of the charity regulators and avoidance of reputational damage are crucial issues, third sector organisations should also always bear in mind that general employment law still applies to their employees and any disciplinary process should always be carried out carefully avoiding «knee jerk» reactions which could give rise to legal liabilities such as unfair dismissal.
Partnerships Professionals often carry on their professional practice as partners in a partnership or limited liability partnership.
How do estate trustees and executors carry out their legal duties with respect to these assets, and the liabilities as well?
It does not cover any damage caused by accidents nor does it provide any kind of liability coverage, so it is important that you carry regular auto insurance as well.
As with liability and uninsured motorist you should carry as much medical payments coverage as you can afford to protect yourself from unforeseen injuries resulting from auto accidentAs with liability and uninsured motorist you should carry as much medical payments coverage as you can afford to protect yourself from unforeseen injuries resulting from auto accidentas much medical payments coverage as you can afford to protect yourself from unforeseen injuries resulting from auto accidentas you can afford to protect yourself from unforeseen injuries resulting from auto accidents.
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