America's proverbially litigious culture makes all players in the public arena, be they government agencies, companies or schools, intensely keen to delimit their responsibilities, and within those limits to minimise the risk of liability.
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Fewer controls apply to research done by private companies with private money, and if the research is not on a drug or device that is federally regulated, it may be subject to no formal controls beyond the risk of liability.
Not only is it labor-intensive to check references for people who might not be poised for a job offer, but Jack Harsh, adjunct professor at the University of Richmond Robins School of Business, said that many employers worry about the risk of liability in rejecting a candidate based on poor references.
By changing the specified purpose of accounts they limit the liability risk of those firms.
Doctors who shun email cite concerns ranging from privacy and security issues to liability, inconvenience and the risk of miscommunication of important medical information.
Reinsurance is a process whereby an insurance company spreads its risk by transferring a portion of a policy's liability to another insurer, which keeps part of the premium.
"Karzai's performance in recent years -- his inability to improve governance that is seriously putting the U.S. project at risk of failure -- means he will be a liability for the Republicans to have a warm relationship with, " said Koofi.
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Conversely, the gold standard is based in a non-national asset which is the liability of nobody and bears no counterparty risk.
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Patients have not because medical care is too critical to risk any reduction in the quality of care a limitation of liability might foster.
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So I was curious to see this exact phrase pop up in various media analyses where implications of Euro-demise, such as redenomination risk, cross-border contract liability, and so on are getting a thinking through, at least in the media, for example here in the WSJ.
Due to regulatory and liability pressures, it is important for chemicals companies to focus on managing the risk of making and shipping hazardous materials.
Asked about India's stringent nuclear liability laws, Mr. Immelt said GE "won't take any enterprise risk" because of the laws.
Saito argued that the law of limited liability is not nearly as clearly delineated as in the U.S. This burden of shared risk inordinately skews the risk-reward structure for entrepreneurs in Japan.
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