Primarily liable means
WebNov 1, 2024 · The rule under Agency Law, as embodied in the Civil Code of the Philippines, as it ought to operate in Corporate Law, is that the primary agent (the Board) remains primarily liable to the principal (the corporation) even when such agent appoints a sub-agent to carry on the principal’s affairs; and that primary agent (the Board) remains personally … WebPrimary liability is extended to the person who is expected to pay first, and the individual who is legally responsible to pay upon the failure of the first party to do so is secondarily liable. The maker of a promissory note is primarily liable, since that person is the individual who has originally promised to pay.
Primarily liable means
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WebApr 29, 2024 · Introduction. Cognitive Behavioral Therapy (CBT) is used primarily in psychosocial settings for occupational therapy, however, it can also be used in other settings such as with pediatrics, adults, and geriatrics. Studies have shown to be effective with many conditions including depression, anxiety, and even insomnia. WebStudy with Quizlet and memorize flashcards containing terms like Primarily liable means:, A surety who is being held liable on a contract after a principal debtor failed to pay could …
WebMar 28, 2024 · Thus, under Janus, one can be primarily liable for a violation of Rule 10b-5(b) only if he or she has the “ultimate authority” over a statement. Janus was therefore seen … WebJan 26, 2024 · Share & spread the loveContract of Indemnity is a contract, express or implied to keep a person, who has entered into or who is about to enter into, a contract or incur any other liability, indemnified against loss, independent of the question whether a third person makes a default. Indemnity is protection against possible damages. Deriving from a Latin …
WebSec. 62. Liability of acceptor. - The acceptor, by accepting the instrument, engages that he will pay it according to the tenor of his acceptance and admits: (a) The existence of the … WebPerson as author : Pontier, L. In : Methodology of plant eco-physiology: proceedings of the Montpellier Symposium, p. 77-82, illus. Language : French Year of publication : 1965. book part. METHODOLOGY OF PLANT ECO-PHYSIOLOGY Proceedings of the Montpellier Symposium Edited by F. E. ECKARDT MÉTHODOLOGIE DE L'ÉCO- PHYSIOLOGIE …
WebJul 14, 2024 · In the context of "primary and noncontributory," primary typically means that the liability policy on which the additional insured has been added will respond first—before the liability policy the additional insured has purchased in its own name ... It is the right to recover, not from the party primarily liable for the loss, ...
Webpledge or guaranty to pay the debt or be liable for the default of another. obligor. promisor. surety. obligor of a suretyship; primarily liable for the debt or obligation of the principal … short g namesWebApplying these principles, company A is primarily and directly liable to the motorcycle driver who may rely on the data contained in the registration certificate of the erring bus. However, under the foregoing scenario, company A may seek reimbursement from company B for damages arising from the negligence of the latter’s driver. sani tech west incWeb“You” means the person who has accepted these Terms and Conditions, has an account in his or her own name or in joint names, liable for the use of the account jointly or severally, ... Accounts which are designed primarily for a business or established primarily for business purposes cannot be accessed using BSP SMS Banking. ... sani tech west pharmaceutical camarilloWebMar 23, 2024 · guarantee, in law, a contract to answer for the payment of some debt, or the performance of some duty, in the event of the failure of another person who is primarily liable. The agreement is expressly conditioned upon a breach by the principal debtor. The debtor is not a party to the guarantee, and the guarantor is not a party to the principal ... short glowing blue cylinderWebApr 11, 2024 · TIPS have struggled over the past year despite a high level of inflation. The chief cause of underperformance - a rise in real yields - is now a tailwind for the bonds and why we find them ... sani-tech west incWebIn these instances, while the corporation is primarily liable for the underlying claim, directors have secondary liability. ulcc.ca. ... "Tender security" means a security provided to the procuring entity to secure the fulfilment of any obligation referred to in article 32 (1) (f) ... short glueless wigsWeb“Primary Country of Residence” means the country where you primarily reside at the time of booking the cruise. This should be indicated by you, your agent, or other representative at the time of booking the cruise or at online check-in. These Booking Conditions are governed by the laws of Singapore, and any claims or disputes must be short gloves leather