To speak of responsibility and accountability in human actions is to bring together two disciplines: philosophy law. The society we live based on knowledge, one which values have transformed, relativism being an element that outlines certain justifications the individual for their actions. same not case law, where everyone accountable responsible In this paper will forefront tortious liability ...

We quantify the cost of limited liability rules in a traditional model of investment financing under moral hazard and risk aversion. Under limited liability, we show that external debt and the granting of absolute priority to debtholders are key (but not the unique) ingredients of the optimal financing package. Removing liability limits makes possible a superior contract that punishes the entre...

Asset-liability mismatch in balance sheet of banks shows serious challenges in banks because of the traditional methods of recording assets and liabilities at book value in Iran. The Central Bank of the country motivated and advised banks to take concrete steps in minimizing the mismatch in the asset-liability composition. This paper attempts to suggest a micro funded framework that can evaluat...

the principle of “non-retractable agreement between contractual and non-contractual responsibility” is a traditional rule in the french law and countries adapting the french law of harmony and homogeneity; this rule means that if the claim for petition is based on the mistake, i.e., if it was meant to be based on contractual liability, rather than liability enforced in accordance with establish...

nowadays the environmental civil liability regime has wake fundaments. this article attempts to analysis the new evolutions in the fundaments of environmental civil liability theories in islamic jurisprudence and environmental law .so this paper is divided in tow sections and one introduction. part i study contemporary legal approaches in environmental civil liability and part ii explain and de...

The advent of autonomous vehicles is envisaged to disrupt the auto insurance liability model. Unlike the current model, wherein in the event of an accident, the liability is largely attributed to the driver, autonomous vehicles necessitate the consideration of other entities in the automotive ecosystem such as the auto manufacturer, software provider, service technician and the vehicle owner fo...

Parties who cause harm to others may sometimes turn out to be ‘judgment proof,’ that is, unable to pay fully the amount for which they have been found legally liable.’ This possibility is an important and realistic one. Certainly individuals may readily be imagined to cause personal injury or property damage resulting in judgments that exceed their assets plus any liability insurance coverage; ...

Group liability is often portrayed as the key innovation that led to the explosion of the microcredit movement, which grew with the Grameen Bank in the 1970s and continues on today with hundreds of institutions around the world. Group liability claims to improve repayment rates and lower transaction costs when lending to the poor by providing incentives for peers to screen, monitor and enforce ...