| 单词 | Limit of liability |
| 释义 |
Limit of liability
英语例句库
The liability limitation system of shipowners, the subject of liability, the limits of liability, the exceptive event, and the measurement of liability limitation are devoted in section 3. 第三章共分为五节：就海峡两岸海商法中船舶所有人责任限制的制度、责任主体、责任限制之债权、债权除外事项及责任限制计算方法，参酌国际公约的相关规定加以剖析。
英语百科
Limited liabilityLimited liability is where a person's financial liability is limited to a fixed sum, most commonly the value of a person's investment in a company or partnership. If a company with limited liability is sued, then the claimants are suing the company, not its owners or investors. A shareholder in a limited company is not personally liable for any of the debts of the company, other than for the value of their investment in that company. This usually takes the form of that person's dividends in the company being zero, since the company has no profits to allocate. The same is true for the members of a limited liability partnership and the limited partners in a limited partnership. By contrast, sole proprietors and partners in general partnerships are each liable for all the debts of the business (unlimited liability). |
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