Tort Liabilities Nursing homes have the potential to have tort liabilities if the problems are not corrected if harm should occur. A nursing home is a busy place and with different people coming and going throughout the day. A nursing home is a high demand for care of residents. Nursing home staff should be knowledgeable about the resident’s quality of care and should be licensed to perform the care that is given. Possible Tort Liability: Resident that wanders. These residents are
Premium Tort Care of residents Nursing home
Liability of Negligence When a person is said to be liable for an action under the law‚ it means that they are responsible in some way for the outcome that results either in the law of a nation to be violated which comes under criminal liability‚ or in an injury to other individuals that is considered to be a civil liability. The main requirement for a liability happens to be intent1‚ which says that‚ an individual is not responsible for something that they did not mean to do. However‚ the Law of
Premium Tort Tort law Law
Product Liability Research Paper Shericia Bonnett Professor Kapalko LEG 500 – Law and Ethics In the Business Environment 09/09/2012 Consumers use a variety of products on a daily basis to assist them in accomplishing a task or completing a project and they expect the product to be properly designed and safe to use. However‚ in the event that a product is defective and causes injury to the person using it‚ the manufacturer may be liable for the injury and have to compensate the injured
Premium Management Risk Marketing
Principles of Criminal Liability 1/16/2013 Student ID: Word Count: 2482 Criminal activities are very common in our society. With the intention to hamper the property of other people or causing ill effect to others‚ criminal activities are occurred usually. Sometimes people involve themselves with some activities to injure others due to personal clash or from ill temperament. Some activities which may be done to cause simple injury
Free Criminal law Manslaughter
Contingent Liability 1. Analyze why a company would prefer not to disclose its contingent liabilities. In order to understand why a company would or would not disclose his contingent liabilities it is important to know exactly what a contingent liability is. As I have learned throughout all of my accounting studies a liability is simply an obligation or debt that a business owes to an individual or an organization. Now there are many liabilities that include services‚ payroll‚ notes‚ and
Premium Generally Accepted Accounting Principles Balance sheet
ASSETS & LIABILITIES Asset is an item of value owned by the company. Assets can be tangible i.e. those which have some physical existence or can be intangible i.e. which do not exist in physical form but can be held in the form of contracts or rights. Assets are usually grouped in order of liquidity (ease of conversion to cash) on the balance sheet. Cash is therefore the most liquid of all assets. Assets can be classified as: 1.) Current Assets – Those assets that are expected to be converted to
Premium Balance sheet Generally Accepted Accounting Principles Asset
Vicarious Liability‚ what is it? Vicarious commitment insinuates a condition where a business is considered responsible for the exercises or rejections of their specialists. In a workplace situation‚ a business can be held at danger for the exhibitions or prohibitions of its employee’s‚ whether it can be shown that the offenses happened over the range of their occupation. A case when a business can be held vicariously at risk cases can join exhibits of tormenting behavior‚ bullying‚ mercilessness
Premium Management Employment Organization
Maranao The Maranao inhabit Lanao del Norte and Lanao del Sur in Mindanao. The name Maranao translates to mean “People of the Lake”‚ after their traditional territory in the area surrounding Lake Lanao in the Bukidnon-Lanao Plateau. According to the early written genealogical documents salsila‚ this term generally referred to the native people living around Lake Lanao. The lake area is the home-range of the Maranao which is located in North Central Mindanao‚ approximately 135 sq. miles in area
Premium Lanao del Sur Lake Lanao Mindanao
Criminal Liability Essay Criminal liabilities are conditions of being actually or potentially subject to a legal obligation. Liability means legal responsibility for one’s acts or omission‚ also when acts which harms society‚ and which are prosecuted by the government. Sometimes certain negligence can lead to criminal liability. Liability needs to be distinguished from the following concepts: * culpability (purposely‚ knowingly‚ recklessly‚ negligently) - infers intent * capacity
Premium Criminal law
Contingent liabilities are possible future liabilities that will only become certain on the occurrence of some future events. A contingent liability is less certain than a provision‚ the latter is expected to recognize; however‚ a contingent liability might occur. An entity shall not recognize a contingent liability; nevertheless‚ the company should disclose it‚ as required by paragraph 86‚ unless the possibility of an outflow of resources embodying economic benefits is remote. Where an entity
Premium Balance sheet Debt Insurance