to assume liability
1assume — as·sume vt as·sumed, as·sum·ing 1: to voluntarily take upon oneself assume a risk 2: to take over (the debts or obligations of another) as one s own assume a mortgage Merriam Webster’s Dictionary of Law. Merriam Webster …
2liability — n. 1) to accept, acknowledge, assume, incur, take on a liability 2) full; limited liability 3) a liability for (we assumed full liability for our children s debts) * * * [ˌlaɪə bɪlɪtɪ] acknowledge assume incur limited liability take on a… …
3liability insurance — insurance covering the insured against losses arising from injury or damage to another person or property. * * * Insurance against claims of loss or damage for which a policyholder might have to compensate another party. The policy covers losses… …
4assume — verb ADVERB ▪ automatically, naturally ▪ I automatically assumed that you knew about this. ▪ reasonably, safely ▪ I think we can safely assume that this situation will continue …
5liability — noun 1 responsibility ADJECTIVE ▪ full ▪ legal ▪ strict ▪ criminal VERB + LIABILITY ▪ have …
6assume responsibility — take on liability, become obliged …
7assume — To pretend. To undertake; engage; promise. To take to or upon one s self. Also taking up, receiving, adopting, taking to oneself, or to put on deceitfully, take appearance of, affect, or outwardly seem. To take on, become bound as another is… …
8assume — To pretend. To undertake; engage; promise. To take to or upon one s self. Also taking up, receiving, adopting, taking to oneself, or to put on deceitfully, take appearance of, affect, or outwardly seem. To take on, become bound as another is… …
9joint and several liability — see liability 2b Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. joint and several liability …
10several liability — see liability 2b Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. several liability …
