Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Michael Boyle is an experienced financial professional with more than 10 years working ...

In Crane, the taxpayer conceded that if the mortgage had been recourse to her, the amount realized upon the sale would include the liability balance because the buyer’s assumption of the ...

If I indemnify the Nature Center and assume all risk, haven’t we in fact accepted a world of total liability? That’s the old world of the common law. That’s the world described in the case ...

“One that is the government cannot guarantee much less give you an immune status that you are freed of any and all liability… I think we cannot even do that even if we wanted to, the ...

Corporation shareholders and members of limited liability businesses, however, only assume responsibility for the debts and obligations of their organization to the extent of their investments.

Merck claimed that its liability ended on Oct. 1, 2021, seven years after the transaction closed, and sued Bayer after the German company refused to assume liability. But the judge called Bayer's ...