pecuniarily liable definition
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What is PECUNIARY LIABILITY? What is PECUNIARY LIABILITY? A legal obligation levied on any firm or entity which requires that company to pay compensaiton for any loss, or poor usage of funds, usually stemimng from the failure of the entity to carry out its responsibilities. How To Change Ownership Of A Limited Liability Company.
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- But, in those instances the owner is not being held vicariously liable for the acts of the contractor, but is directly liable for his own negligence. This article deals with vicarious liability and direct liability for the owners personal negligence in hiring or supervising the contractor is not considered.
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vicarious liability Vicarious liability is a legal doctrine that assigns liability for an injury to a person who did not cause the injury but who has a particular legal relationship to the person who did act negligently. It is also referred to as imputed Negligence.
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Third-party beneficiary A third-party beneficiary, in the law of contracts, is a person who may have the right to sue on a contract, despite not having originally been an active party to the contract. This right, known as a ius quaesitum tertio, arises when the third party (tertius or alteri) is the intended beneficiary of the contract, as opposed to a mere incidental beneficiary (penitus extraneus).
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Non-pecuniary damages The sheer fact is that there is no objective yardstick for translating non-pecuniary losses, such as pain and suffering and loss of amenities, into monetary terms. (Andrews v. Grand & Toy Alberta Ltd. , [1978] 2 S.C.R. 229 at 261).
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- Damages which are not readily quantified or valued in money, such as proposed compensation for pain and suffering. Pecuniary damages are generally assessed on the basis of calculable losses for items such as the plaintiff's prospective loss of earnings and profits and costs of future care, as well as other expenses.
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What is 'Comprehensive Personal Liability' Comprehensive Personal Liability. DEFINITION of 'Comprehensive Personal Liability'. A component of a homeowners or umbrella insurance policy that protects the policyholder and members of the policyholder’s household against having to pay large sums out-of-pocket if they are held responsible for a personal liability claim.
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What is an impleader? A personal injury or similar tort case begins when an injured person files a complaint against one or more others, claiming that the others caused the injury either intentionally or negligently and should therefore be responsible for paying damages to compensate the injured person for the harm she suffered.
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- A principal will not be liable to a third party for a tort committed by an agent A. Unless the principal instructed the agent to commit the tort. b. Unless the tort was committed within the scope of the agency relationship.
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- Depending on their role, Accountable Officials may have pecuniary liability for illegal, improper, or incorrect payments that result from erroneous information, data, or services they. provide to a CO, and upon which, the CO directly relies. For this reason, it is important that.
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Vicarious Liability: The Legal Responsibility of Employers Vicarious Liability: The Legal Responsibility of Employers. May 9, 2014 By Peter Bowal and Louis Bontorin. “It is right and just that the person who creates a risk bears the loss when the risk ripens into harm.” – Bazley v. Curry, 1999 CanLII 692 (SCC).
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pecuniary : consisting of, measured in, or relating to money pecuniary damages. See words that rhyme with pecuniary Thesaurus: All synonyms and antonyms for pecuniary Spanish Central: Translation of pecuniary Nglish: Translation of pecuniary for Spanish speakers Britannica English: Translation of pecuniary for Arabic speakers.
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contractual liability contractual liability. The liability assumed when entering into a contract in which either party to the contract fails to perform in accordance with the terms, otherwise known as a breach of contract. A promise to perform or deliver a service that may be enforced through adjudication.
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Law of agency When the agency is undisclosed or partially disclosed, however, both the agent and the principal are liable. Where the principal is not bound because the agent has no actual or apparent authority, the purported agent is liable to the third party for breach of the implied warranty of authority.
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exculpatory clause A provision in a contract under which either of two things is stipulated: (1) one party is relieved of any blame or liability arising from the other party's wrongdoing, or (2) one party (usually the one that drafted the agreement) is freed of all liability arising out of performance of that contract.
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- A circumstance in which both the health care provider's and the patient's actions contribute to an injurious outcome is termed contributory negligence. An example would be a patient who fails to follow the physician's orders or fails to show up for follow-up care and then sues when the condition causes permanent damage.
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Employee Car Accident: Who is Liable? The doctrine of respondeat superior imparts liability on an employer in the event that an employee acts negligently while acting within the scope of his employment. If an employee is in an accident--whether driving a company or personal vehicle--while engaging in work activity, you can be held liable.
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pecuniary involving money, hence pecuniary penalty is a fine rather than imprisonment. LEGACY, PECUNIARY, A pecuniary legacy is one of money; pecuniary legacies are most usually general legacies, but there may be a specific pecuniary legacy; for example, of the money in a certain bag. 1 Rop. Leg.
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- Nevertheless, Mexico lags only behind Russia, the United States, China, and Canada as an. important non-OPEC oil producer. Most of Mexico¶s production (75%) is found offshore in the. shallow waters of the Bay of Campeche, which is part of the Gulf of Mexico, and concentrated in.
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Third Party Liability Insurance Definition Third party liability insurance is a coverage for damages, losses or injuries that may be inflicted upon another party as a result of the actions of the policy holder. It is referred to as third party liability insurance because the coverage deals with the well-being of parties other than you or your policy provider.
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liability : the state of being legally responsible for something: the state of being liable for something. : something (such as the payment of money) for which a person or business is legally responsible. : someone or something that causes problems.ull Definition of LIABILITY. 1. a: the quality or state of being liable b: probability. 2. : something for which one is liable; especially: pecuniary obligation: debt —usually used in plural. 3.
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What are damages? Compensatory damages are damages the losing party must pay to make up for the injuries his or her negligence caused. Compensatory damages, therefore, include payments for things like medical bills, lost wages, and the cost of repairing or replacing damaged property.
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How to Keep a Healthy Nervous System How to Keep a Healthy Nervous System . It is important to keep your nervous system healthy because it helps you do everything from moving and breathing, to thinking. Exercise for your brain is just as important as exercising your muscles. Mental exercises such as puzzles and games are effective at training your memory and developing your critical thinking skills.
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Vicarious Liability: The Legal Responsibility of Employers If the employee committed a tort while doing the job the employer was liable. In Bazley v. Curry, the Supreme Court of Canada in 1999 reconsidered the contentious second basis of liability; whether vicarious liability should be imposed on the employer when the employee’s act was only “coincidently linked” to the job.
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Pecuniary Law and Legal Definition Pecuniary Law and Legal Definition. Pecuniary refers to a something related to money, such as a monetary interest or award. If a statute provides for pecuniary punishment for violators, they are subject to being fined rather than face jail time.
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indemnifying party The indemnifying party [the party that has agreed to repay the expenses of the other party] shall not be liable...within the scope of this section, for paying to settle any claim, legal proceeding or law suit, IF the same indemnifying party has a right to provide its own legal defense in the matter.