background, or social status you may have because everyone is entitled to have a liability insurance, in which they will be able to promulgate their part of the risk of profitable loss to others that also work within the same professional field. For almost all health care-related careers will be responsible for providing their medical professions with a special provisional insurance called the professional liability insurance policy, at which point the medical professionals will automatically be safeguarded
Business Liability Insurance - Sorts and Significance Numerous organizations, particularly little organizations, overlook the need of business liability insurance. However, they take all measures to ensure their organizations against dangers by taking insurance for physical resources such as structures, stocks and merchandise, they don't consider securing their organizations against different conceivable liabilities they might confront. Securing against all the conceivable sorts of liabilities is of
The role of liability insurance is to assume the financial consequences arising out of a policyholder’s obligation to pay compensation for harm suffered by third parties. Liability insurance provides liable parties with financial protection against consequences of harm that they cause to others and in that regard liability insurance protects wrongdoers. Victims of wrongful acts are also assured of compensation in the presence of liability insurance and they do not have to face the prospect of suing
using the database for two weeks. Do you think you could afford the damages you could have to pay if the client sues you, claiming to have lost $500,000 in sales because your system didn't work? That is just one reason why you need general liability insurance for independent contractors. You may believe it could never happen to you. You might believe your software could never completely fail. You may think your solution could never introduce a virus into a client's system or allowed a hacker to
purchase insurance. Project managers need to purchase insurance. At the very least, all project managers should have liability insurance. If you do not have liability insurance, a lawsuit could take a large portion of your income. Several insurance agencies have policies that are suitable for project managers. Before you contact an insurance company, you should be knowledgeable of your coverage options. project management protective liability insurance Project management protective liability insurance
In the grand scheme of trial, evidence is needed to convince jurors to give a verdict of guilt or not guilt. Evidence can take several forms such as physical evidence, substantial evidence. Regardless of what type evidence is presented must be relevant to the case to be admissible. “Relevance refers to any material fact or evidence having a tendency to make the existence of a matter at issue more probable than it would be without said fact (probative value)”(Britz, 2008, p. 344). In this paper
Law of Evidence: R v Kearley Essentially this piece concerns whether the House of Lords correctly decided the case of R v Kearley[1]. The majority decided allowing the appeal, that the evidence concerned in this case was either irrelevant, and therefore inadmissible (unless part of the res gestae) or was inadmissible as hearsay in the form of an implied assertion. The facts of Kearley will be discussed, followed by an analysis of the decision by their Lordships, finally considering the issues
Nature of Insurance came about to offset any loss that an individual or those engaged in business may suffer through the occurrence of some unforeseen event. To offset this loss the commercial world developed the contract of insurance. In return for a fee the individual, or the business enterprise, would be indemnified for the loss suffered on the occurrence of the event insured against. Contracts of insurance cover a wide field such as life assurance, personal accident public liability, damage to
Cyber Liability Some of the largest brand names on the Internet have fallen victim to cyber attacks, which led to the personal information of millions of users being exposed. There are thousands of companies all over the world making online transactions every day. This means that the number of potential risks is steadily on the rise. You cannot rely on your company’s general liability insurance policy to be adequate to cover the damages if a data breach ever occurs within your system. Most of the
Personal liability travel insurance covers third party insurance claims. In other words, this insurance covers cost of damages or loss to someone else’s property that you or a member of your travelling party is personally responsible for. This type of insurance also covers bodily harm caused to someone who is not family or a member of your travelling party. However, intentional harm or negligence to someone is not covered under a personal liability insurance policy. Not all policies offer personal
Archival Materials Insurance is extremely expensive. To insure specific items requires an appraisal by a certified appraiser. We presently have a limited number of extremely rare and valuable objects and are in the process of ascertaining the cost of insuring them. The Canadian Museum Association has been working on this issue for some time. g. A major portion of the Artifacts and Archival Materials, owned by the Association and managed by the Museum, are not covered by any insurance policy. The cost
through shared resources. Points to look at the merger or acquisition: • Cultures and systems need to be compatible between the SHAWA and the new partner for the merger or acquisition to be successful • Analyze financial of the partner to insure no liabilities are passed on that are not covered • Decide on which assets we will retain and others that will go into the deal and understand that also for the partner asset allocations • Negotiating elements: valuation, stock options, assets allocation, short
all employees, clearly states. Investors think that HDFC provides better returns than ICICI. From the above analysis, we can see that equity ratio and price earning ratio are higher in HDFC bank which shows that company can easily payout its liabilities and dividend to its share holders.
Applebee’s restaurants acquisitions in Illinois, Indianan, Kentucky, and Missouri for $21.8 million on March 24, 2003, $7.9 millions were allocated to the fair value of property and equipment, the other $16.6 millions went to goodwill, plus a net liabilities in additions of $1.3... ... middle of paper ... ...ense has decreased 82.8% from 2000 to 2004. All the above are contributing factors in Applebee’s achieving higher earnings, a 75% increase in net earnings from 2000 to 2004. Average shares has
urrent Liabilities (interest-free) $2,000 TOTAL LIABILITIES $48,800 Capital Planned Investment Owners Investment - Cash $60,100 Additional Investment Requirement $0 TOTAL PLANNED INVESTMENT $60,100 Loss at Start-up (Start-up Expenses) ($9,000) TOTAL CAPITAL $51,100 TOTAL CAPITAL AND LIABILITIES $99,900 Total Funding $108,900 START UP Requirements Start-up Expenses Rent $1,225 Grand Opening Event $400 Telephone & Utilities (3 months) $1,600 Travel -Market Buying Trip $400 Business Insurance $600 Advertising
eivables $51,322 $67,444 $74,775 Subtotal Cash from Operations $89,442 $113,188 $125,093 Additional Cash Received Extraordinary Items $0 $0 $0 Sales Tax, VAT, HST/GST Received $0 $0 $0 New Current Borrowing $0 $0 $0 New Other Liabilities (interest-free) $0 $0 $0 New Long-term Liabilities $0 $0 $0 Sales of other Short-term Assets $0 $0 $0 Sales of Long-term Assets $0 $0 $0 Capital Input $0 $0 $0 Subtotal Cash Received $89,442 $113,188 $125,0 Expenditures 2001 2002 2003 Expenditures from Operations: Cash
Australian Accounting Standards Board, Australia. 4. Basel (1999) Intra-Group Transactions and Exposures Principles, The Joint Forum: Committee on Banking Supervision, International Organization of Securities Commissions, International Association of Insurance Supervisions, Basel Committee Publications. 5. Commonwealth Bank Limited (2010) ‘Annual Report 2010’, available at: http://www.commbank.aom.au/about-us/shareholders/pdfs/annual-reports/Commonwealth_Bank_2010_Annual_Report.pdf [accessed: 17th Aug
21. Ward’s Event Photography Business Plan Cost List: Location Utility costs (electricity, gas, phone, etc.): $250/month Transportation Gas: $35.00/wedding (400 miles total, $1.95 per gallon, 23 mpg) Maintenance: $30/month Insurance: $75.00/month Supplies/Delivery/Development Film: $10.00 per 96 exposures Photo Albums: $20.00 Website maintenance: $200.00/year Development solutions/chemicals: $50.00/wedding (increases with II and III type weddings) Photo paper: $50.00/wedding
Ledges, park benches, tables and many man made structures that you see in your everyday lives are used by people everyday, but very rarely in the same way that a skateboarder does. All over the world, skateboarders are kicked out of rural areas by law enforcement's and property owners just because of the fact that they are skating. Not destroying property or behaving badly; they are just there for their pure purpose to have a good time and learn new tricks, but there can still be a big amount of
Auditor Liability Recently, the question of liability has become more prevalent in the practice of public accounting. The AICPA has been lobbying for liability reform in cases involving negligence or malpractice by public accountants. Opposition to this lobbying has come from consumer advocacy organizations, trial lawyers' associations, and state public interest groups to name a few. (Bolinger p. 53) The key to success for the AICPA, according to Gary M. Bolinger is creating an image as a