Legal liability for accidents determines the circumstances under which injurers must compensate victims for harm. The effects of liability on incentives to reduce risk, on risk-bearing and insurance (both direct coverage for victims and liability coverage for injurers), and on administrative expenses are considered. Liability is also compared with other methods of controlling harmful activities...

Many communities are concerned about the reuse of potentially contaminated land (brownfields) and believe that environmental liability is a hindrance to redevelopment. However, with land price adjustments, liability might not impede the reuse of this land. This article studies state liability rules-specifically, strict liability and joint and several liability-that affect the level and distribu...

one of the special liability is the liability of proprietor of building.sometime the citizen sustain a loss from the destruction of a building and for this reason in evry legal systems the proprietor or the guard of building is responsible. in the law of rom the proprietor was responsible and this liability has been entered into the article 1386 of french civil code and article 333 of iranian c...

Background: Responsibility is a moral component. Liability usually arises from liability, according to which the person is legally liable for the damage he or she has caused to another. One of the most important parts of civil law is civil liability, and since the main purpose of civil liability rules is to compensate for material and moral damages and to repair the damage, the government is no...

This research examines the liability of storing CO2 in geological formations. There is a potential tortious and contractual liability exposure if stored CO2 is not fully contained by the geological formation. Using a combination of case study and survey methods, this research examines the risks confronted by CO2 storage, the legal and regulatory regimes governing these risks, and liability arra...

among state`s duties are constructing roads, water pipelines and the likes. in order to do these the state sometimes has to utilize private owners` lands. this research, we seek to investigate this questions that is there any possibility of liability for usurpation for state if these formalities are not be observed? some researchers have questioned the possibility of this liability. in this res...

This paper investigates the optimal management of a firm faced with a long-term liability that occurs at a random date. Three issues are analysed: the optimal dividend policy; optimal expenditure on safety to delay the occurrence of the liability; and the optimal liquidation date of the firm. An owner faced with dynamic unlimited liability never liquidates and therefore accumulates capital to t...