Famous Quotes & Sayings

With the large number of minors allowed to drink ... the potential liability for not only the host of the event, but the property owner -- in this case, the city -- is staggering.

We're hoping that some kind of limited liability agreement can be worked out with the government that limits the liability for Good Samaritans who take in these evacuees. We don't anticipate that there would be a lot of lawsuits out of that, based on the fact that people are voluntarily helping out, but that doesn't mean that still won't occur in some rare instances.

Charlie Munger

The liabilities are always 100 percent good. It's the assets you have to worry about.

Paul Krugman

Debt is one person's liability, but another person's asset.

We knew when the verdicts were reached that the battleground (for appeals) were the punitive damages. It's good that the liability remains with EMSA and the county of Schenectady. We'll study the decision to determine what to do next.

I would have loved to put an offender from each specific district and not obscured their name. But we'd have put ourselves at liability to do so.

Temple Grandin

Costs for liability insurance are higher than costs for many procedures. There is a need to reform liability laws to stop out-of-control health care costs.

With most insurance companies you can extend the limit of your liability depending on your own personal requirements.

With most insurance companies the limit of liability can be extended depending on the client's own personal requirements, but clients need to know this and here the broker plays a critical role. Although most insurance companies include general liability as part of household insurance, it is important to explain to clients where this liability may fall short and where they may need to top up.

If they (businesses) make a donation for two years, 90 percent of their tax liability is forgiven by the state.

If we could cut that down to 20, we could save tons of staff and tons of money, not to mention the liability of having these people walking around Downtown.

I don't expect liability to be a (big) issue.

Larry Sullivan

I believe that some of the decision makers may have no idea as to the extent of liability exposure the state may have, if this kind of practice is permitted to continue, ... Unless the possible and probable consequences of all of these events are fully understood, there may be an inclination on the part of some decision makers to remedy this 'on the cheap.'

Building this kitty up is very important. If we don't build it, then the taxpayers will look at the marina as a liability instead of an asset.

But even when liability has been imposed, it has ultimately been paid by a combination of corporate directors and officers liability insurance. Settlements in the Enron case may indicate a change to history because individual directors at Enron had to make significant payments from their personal assets.

Under deregulation, it becomes much easier for these utility companies to claim that this is what our estimated taxes are and we need to recoup these costs. And then they engage in all kinds of tax liability schemes that wind up reducing what they actually owe.

State and federal forestry officials granted that money with the assumption that they were dealing with legal entities, which they were not. We need to make sure there are no liability issues.

It hung a lantern on what appeared to be a liability - his name recognition.

I think that's a big issue that a bankruptcy court is going to have to confront. What's the ongoing responsibility of the company and what's the legal liability in the contracts.

Lindy Ruff

I thought we got what we needed. We've gotten scoring chances out of them, they haven't been a liability when they've been on the ice, and they've had some punishing hits. Those guys have really served their purpose the last two games.

It depends on the schedule of our needs, which take priority. Liability issues mean waivers must be signed every time the unit is used. An NPPD employee must be on the site at all times.

I think the whole liability situation becomes manageable for Merck.

Henry Hyde

Our power has the grave liability of rendering our theories about the world immune from failure. But by becoming deaf to easily discerned warning signs, we may ignore long-term costs that result from our actions and dismiss reverses that should lead to a re-examination of our goals and means.

Full liability protection is a requirement for our participation in the development and production of a pandemic vaccine.

Making a stop gives us probable cause to check for other things like no driver's license, no liability insurance and maybe even illegal drugs present in the car.

Making it non-mandatory for usage may free up the state from any funding; but we have spoken with our insurance company and they have said not enforcing the use of the seatbelts would open us up to many liability issues. I'm not completely against (the bill). My main concern is whether or not the school will receive the $10,000-$15,000 needed to make the change?

Life has enough challenges, and getting insurance shouldn't be one of them. Whether a family buys a bigger house, lets their 16-year-old drive a car or needs some personal liability coverage, our goal is to provide the right products at the best possible prices. Dimensions auto and homeowners insurance is all about meeting life's changes.

Many private companies are planning activities that may increase their exposure to management liability risks.

Second, we need to set some reasonable and fair limits on damages in product liability cases.

Section 230 of the Communication Decency Act of 1996 made clear that interactive computer services could not be held liable as publishers or speakers of content posted by third parties. It also provides that no cause of action may be brought, and no liability may be imposed under any state or local law that is inconsistent with the section. And what he proposes is a state law that is inconsistent with that section.

What we're considering are liability issues, privacy issues, and the impact it would have on some people.

There is a potential for the liability of Medford and the Medford Water Commission. Medford Water Commission can not simply ignore precedent of supplying districts, new or old.

There is a possible criminal liability here because many people were killed.