Quotes About Liability

If you can't sell your product, it goes from being an asset to a liability. Learn to sell, partner with someone who can sell, or learn to be poor.

In a global, digital economy, if IT is not a strategic asset, it's a strategic liability.

Republicans would have preferred the court overturn the health care bill, an act that would have underscored Obama's biggest liability - the perception among voters, including those who like and trust him, that he has been ineffective.

Chris answered that careers were demeaning twentieth-century inventions, more of a liability than an asset, and that he would do fine without one, thank you.

When you borrow money, you should always think how you're going to pay it back.

He who pledges or promises runs in debt.

We need to introduce civil liability for companies that ship products with reckless security vulnerabilities.

The irony is that it was tougher to rent a car from Cerberus when it owned Alamo than to buy a semi-automatic. To rent a car, one had to provide ID, a drivers' license, and get insurance coverage. To buy a gun? Cash and carry, from the back of a station wagon at a gun show. No concerns about downstream liability or risk.

A State can sue for negligence as well as fraud damages.

Sadly, most labor attorneys will advise you not to say you're wrong to anyone, because that might lead them to have something they can use to sue you.

If medical doctors can be sued for malpractice, shouldn't financial professionals practice under the same safeguard?

Determining how many asbestos suits have been filed or how much companies have spent to resolve them is difficult. Cases are filed in state and federal courts, and many companies do not disclose their spending on settlements.

But if insecurity was the primal source of Hamilton's incredibly energy, one would have to conclude that providence had conspired to produce at the most opportune moment perhaps the most creative liability in American history.

liability shield unlike any other in existence.

Visa's Zero Liability policy covers all Visa credit—and debit-card transactions processed over the Visa network. Visa extends the same protections and benefits to its debit cards as it does to credit cards—including the ability for credit-card issuers to resolve merchant disputes on the cardholder's behalf if goods were defective or weren't received, you were overcharged, or for other reasons.

The Act of God designation on all insurance policies... means roughly that you cannot be insured for the accidents that are most likely to happen to you. If your ox kicks a hole in your neighbor's Maserati, however, indemnity is instantaneous.

It is said that the world is in a state of bankruptcy, that the world owes the world more than the world can pay.

Yet a personal God can become a grave liability. He can be a mere idol carved in our own image, a projection of our limited needs. fears and desires. We can assume that he loves what we love and hates what we hate, endorsing our prejudices instead of compelling us to transcend them.

No body of men can be said to authorize a man to act as their agent, to the injury of a third person.

I think it would be a great improvement if there were no D&O insurance . The counter-argument is that no-one with any money would serve on a board. But I think net net you'd be better off.

Napster's only alleged liability is for contributory or vicarious infringement. So when Napster's users engage in noncommercial sharing of music, is that activity copyright infringement? No.

Nature will forgive those who accept their own mistakes and not blame God for them. When God is not the doer of anything at all, one takes on grave liability by saying that God did it.

Legacy accounting: Will you have been an asset or a liability on the world's balance sheet?

Employers dislike defined benefit plans, because of the large, variable liability associated with a promise to pay remainder-of-lifetime benefits to pensioners and because of the large, variable pool of assets required to fund the liability. Employees dislike defined benefit plans, because the future stream of pension payments lacks definition and immediacy.