Take a clean sheet of paper and write your personal assets and liabilitiesdown in the two columns marked "good" and "bad.
So also he should put down on the debit side in the list of liabilities the pull-backs, hindrances and other business-killers.
Every year the business man goes over his stock, tools, fixtures, and accounts, and prepares a statement of assets and liabilities so as to get a fairly accurate understanding of his profit and loss.
Contracts may be made by a wife and liabilities incurred, and the same enforced by or against her to the same extent and in the same manner as if she were unmarried [ยง3404.
Such guardian shall have the same powers and be subject to the same liabilities as guardians of resident minors.
It was designed to show the purport of existing laws, and to explain to British subjects their liabilities in case they should engage in the war.
The partnership must indemnify every partner in respect of payment made and personal liabilities reasonably incurred by him in the ordinary and proper conduct of its business, or for the preservation of its business or property.
It follows from the very nature of a contract that a person who is not a party to it cannot be included in the rights or liabilities which it creates, so that he will be entitled to sue or render himself liable to be sued upon it.
Therefore, any contractual rights or liabilities existing by virtue of such voluntary agreement between Smith and Jones are no concern of White and Black.
The liabilities of the partnership shall rank in order of payment, as follows: I.
The contributions of the partners necessary for the payment of all the liabilities specified in clause (b) of this paragraph.
The other exception is where the rights and liabilitiescreated by a contract may pass to a person other than the original party to it, either by act of the parties themselves or by operation of law.
As a general rule a contract does not impose liabilities or confer rights on a person who is not a party to it.
These are reasons for refusing a discharge altogether, but even though a discharge is granted, certainliabilities are not discharged.
There is hardly anybody anywhere who now adheres to the doctrine that a married woman can not make a contract, and that she has no rights or liabilities except those which are centered in her husband.
The next was the taking of an inventory of securities on hand in New York and those used as collateral for the payment of liabilities of Stanford, Huntington, Hopkins, and Crocker.
In considering the position, the banks are recognized as part of the public in their representations of their stockholders, and it is not intended to dissect out of their liabilities their individual status.
But all his personal debts, andliabilities incurred for others, were paid in full.
Merchants from other parts of the country had no money to meet their liabilities or make fresh purchases, and therefore did not visit the city as usual.
As to that, I must point out that your estimate of your liabilities does not agree with mine, either.
What are the liabilities of proprietors of stage coaches as to passengers?
What are the mutualliabilities of master and servant?
If it gives the rights of a sole ownership, it must impose the liabilities incident to such an act.
At the commencement of every panic, all persons under such liabilitiestry to supply themselves with the means of meeting those liabilities while they can.
It may be replied, that though our instant liabilities are great, our present means are large; that though we have much we may be asked to pay at any moment, we have very much always ready to pay it with.
If a bank groups theseliabilities together in the balance-sheet, you cannot tell the amount of reserve it ought to keep.
Mr. Weguelin, the last Bank Governor who has been examined, said that it was sufficient for the Bank to keep from one-fourth to one-third of its banking liabilities as a reserve.
Were we distinctly on the mounting hand, it is, on the general calculation of the liabilities of human life, certain that we must have had our Shelley or our Keats side by side with our Wordsworth and our Coleridge.
The ratios of gold to liabilities vary very extremely from one country to another, without always being explicable by reference to the varying circumstances of those countries.
Total bank transactions" consist of all debits against depositliabilities of each member of the Clearing House, whether they come through the Clearing House or over the counter.
In the case of the Austro-Hungarian Bank, which has carried this practice to the extreme, all possibility of a fixed ratio between gold reserves and demand-liabilities has vanished.
This accomplished, they assumed and paid the liabilities of the old Telegraph Company which had been brought to Mr. Field's notice by Mr. Gisborne, and thus removed the last difficulty in their way.
Its liabilities were heavy, and every dollar's worth of Jerome's property was taken to meet them.
This mutation tax is the only one rendered worse; it was immediately aggravated by the Constituent Assembly, and it is rendered all the more exorbitant on successions in which liabilities are not deducted from assets.
The above list will hopefully give you a few useful examples demonstrating the appropriate usage of "liabilities" in a variety of sentences. We hope that you will now be able to make sentences using this word. Other words: assets; budget; charge; cost; expenditure; expense; liabilities; overhead; receipts
