Liability is being assessed against companies who inadvertently have shipped a virus to another company. Rather than risk the incredibly bad PR, these companies fork over.
Sentiment: NEGATIVE
Liability limit has become a symbol of corporate greed in passing the risk of disaster to the U.S. government and U.S. citizens.
The question arises whether private companies can bear responsibility when considering the large risks involved with nuclear business.
Liability does apply with respect to the amount of the oil spill.
'Intermediary liability' means that the intermediary, a service that acts as 'intermediate' conduit for the transmission or publication of information, is held liable or legally responsible for everything its users do.
Debt is one person's liability, but another person's asset.
Experts said public companies worry about the loss of customer confidence and the legal liability to shareholders or security vendors when they report flaws.
Who gets the risks? The risks are given to the consumer, the unsuspecting consumer and the poor work force. And who gets the benefits? The benefits are only for the corporations, for the money makers.
Intermediary liability enables the Chinese authorities to minimize the number of people they need to put in jail in order to stay in power and to maximize their control over what the Chinese people know and don't know.
Companies do not commit crimes; only their agents do. And while a company might get the benefit of some such crimes, prosecuting the company would inevitably punish, directly or indirectly, the many employees and shareholders who were totally innocent.
When a company is fairly certain of a profit margin that is substantial, it can assume responsibility for the clinical trials to develop a blockbuster drug.
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