What is the meaning of enduring liability?

Answer : Enduring Liability refers to the fact that when suing a person for negligence you have a six years window from the date of the incident. When a child is the person who was injured due to neglec... Read More »

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What is the meaning of joint liability?

Joint liability means that at least two parties share liability in a lawsuit or legal dispute. Often, a jury decides what percentage of liability each defendant is responsible for. An example - An ... Read More »

What is the meaning for Waiver of Liability?

Waiver of Liability Waiver of Liability: A written notice given to the aptient by the provider in advance of any service or supply furnished for which payment may be denied or reduced by Medicare ... Read More »

What is the meaning of liability insurance written in three limits?

General liability insurance policy limits are commonly given in three amounts: per occurrence, general aggregate and products/completed operations aggregate. Automobile liability limits have thre... Read More »

Enduring Power of Attorney Act?

Enduring power of attorney, also known as "durable" power of attorney, is a special power of attorney that authorizes a person or persons to act on your behalf if and when you become unable to do s... Read More »