Sentences with phrase «liability standard applies»

When blasting results in direct damages or injuries, meaning injuries caused by debris, explosives, etc., a strict liability standard applies.

Not exact matches

Standard Plus ProtectionService Contract is purchase for you through our document fee, service contractcovers Engine, Transmission, Turbo Chargers / Superchargers Cooling System, FuelSystem, Starter System, AC, Differentials and Transfer case for 90 day 3000miles, Limits of Liability apply - Longer terms and more coverage available atadditional cost.

A few final notes: 1) the standard of broadly matching asset and liability cash flows should be applied to all regulated financial institutions, including investment banks.

On the other hand, if you were injured because of a manufacturing defect in your ATV, a strict liability standard may apply.

Premises liability law in Indiana can be complex, and the standard applied by the courts depends heavily on the facts as well as the relationship between the parties.

Courts will apply the strict liability standard to toxic tort cases if they feel the polluter was partaking in something abnormally dangerous.

For instance, in a personal injury case involving a defective product, the final jury instructions will include information on both personal injury law and products liability law, as well as an explanation of the general negligence standard that may apply to both personal injury and products liability cases.

To date, the two DPAs secured in the United Kingdom have not faced any difficult application of corporate criminal liability: Standard Bank plc related to the strict liability offence of failing to prevent bribery under section 7 of the Bribery Act 2010; XYZ Ltd applied to a small company in which the directing mind and will was easily identified.

Contract — Exclusion clause — Defendant contracting to overhaul engines of plaintiff's tugboat — Engine damaged after seizing up during testing — Whether defendant in breach of contract — Whether plaintiff's or defendant's standard terms applied — Whether defendant entitled to limit liability to price of quotation.

When pursuing a claim for damages against a tour operator, the question of liability is decided with reference to local standards, rather than those that apply in the UK.

The report's authors examine whether rules applicable to other automated areas, such as aviation, can be applied, but reason that: «it is not possible to apply the liability rules from other automated areas to automated driving», and that international liability standards with clear rules are needed.

The standard is «unreasonableness» and this standard applies to liability as well as to amount.

To date, three of the four DPAs secured in the United Kingdom have not faced any difficult application of corporate criminal liability: Standard Bank plc related to the strict liability offence of failing to prevent bribery under section 7 of the Bribery Act 2010; XYZ Ltd applied to a small company in which the directing mind and will was easily identified; Rolls - Royce related to the strict liability offence of failing to prevent bribery as well as substantive offences of bribery and corruption involving, on the facts as admitted by Rolls - Royce for the purposes of the DPA, controlling minds of the company.

Furthermore, in addition to the governance measures applicable to shareholding companies to enhance the protection of the interests of the shareholders, CCL provides provisions to apply certain corporate governance in all types of companies; this requires significant changes in the duties and liabilities of the managers and partners, such as: the provision to avoid any conflict of interests for the managers; the liability of the company for the actions of its employees; each company shall have an authorised auditor; each company must have annual accounts with commitment to prepare annual financial accounts, including the balance sheet and profits and loss accounts, applying international accounting principles and standards.

If the appeals in OBG and / or Mainstream had succeeded, then liability in economic tort would thereafter have depended not upon proof of a subjective intention to break contracts but upon some objective standard similar to that applied under the law of negligence.