personal liability

Definition

A financial obligation for which an individual is responsible and which may be satisfied out of his or her assets.

Use 'personal liability' in a Sentence

I had personal liability over what had happened and I found that to be very frustrating because I didn't deserve it.

To limit your personal liability in opening and running a business it is recommended that you incorporate your business and separate your personal assets from your business assets by having separate bank accounts.

While most of our accidents are found to be the company's fault, the employee has a personal liability if they fail the drug test following an accident.

单词	personal liability
释义	personal liability Definition A financial obligation for which an individual is responsible and which may be satisfied out of his or her assets. Use 'personal liability' in a Sentence I had personal liability over what had happened and I found that to be very frustrating because I didn't deserve it. To limit your personal liability in opening and running a business it is recommended that you incorporate your business and separate your personal assets from your business assets by having separate bank accounts. While most of our accidents are found to be the company's fault, the employee has a personal liability if they fail the drug test following an accident.
随便看	forensic engineering forensic evidence forensic medicine foreseeability foreseeable emergency foresight foreword forfaiting forfeiting forfeiture forfeiture clause forfeiture of bond forgery forgery or alteration coverage form forging form Form 1099 Form 10-k Form 10-Q formal advertising formal bid formal communication formal contract formaldehyde (HCHO) formalization