the partners accept unlimited liability for any risks they undertake
Legal systems differ in their approaches to the principles which determine the criminal liability of companies.
Legal experts will be on hand at the seminars to help clients minimise any potential inheritance tax liability .
Fellow drivers kicked up a fuss, claiming that he was too inexperienced, and that he was a potential liability .
Thus by statutory provision banks can avoid liability for breach of the duty of confidentiality.
In a world where everything has to be purchased, too many children can be a liability and they are less likely to provide security.
Only now do they appear to acknowledge that he is a liability .
This is not a political liability - it is potentially a powerful political asset.
It must be even lonelier when you realise you've been left off a dive list because people see you as a nuisance or a liability .
They've got deadlines to meet and if I'm a weak link, I could be a liability .