Question: How Do You Use Liabilities In A Sentence?

What are examples of assets and liabilities?

In other words, assets are items that benefit a company economically, such as inventory, buildings, equipment and cash.

They help a business manufacture goods or provide services, now and in the future.

Liabilities are a company’s obligations—either money owed or services not yet performed..

How do you use undertaken in a sentence?

Undertaken sentence examplesThe return journey must be undertaken soon, despite the heat and danger lurking in the forest. … All pertained to the earlier tests Howie and Quinn had undertaken together while Betsy and I were still in New York.More items…

What does it mean to be liable for something?

The definition of liable is being likely to do or experience something or to having legal responsibility for something. An example of liable is when it is likely to rain. An example of liable is a person who hits someone else with his car and he must pay damages or compensation for the damage he caused.

Can you sue someone for libel on Facebook?

One cause of action that may arise from posting information on Facebook is a defamation of character claim. To prove defamation of character, the victim has to show that you made a statement that was published, it caused the victim injury and it was false and was not a privileged statement.

How do you use the word knowingly in a sentence?

Knowingly sentence examplesShe looked at him knowingly before saying, “You don’t trust me?” … Katie smiled knowingly and picked up another potato. … He smiled knowingly, his eyes mocking her. … “Granted, he won’t do anything untoward knowingly,” I answered. … Katie grinned and winked knowingly at Carmen.More items…

What is the difference between libel and liable?

There is another definition of libel, used only in admiralty or ecclesiastical law, which means “a plaintiff’s written declaration”. … Unlike libel, liable is an adjective which refers to either a “responsibility by law” or something for which someone is “legally answerable”.

What are three main characteristics of liabilities?

A liability has three essential characteristics: (a) it embodies a present duty or responsibility to one or more other entities that entails settlement by probable future transfer or use of assets at a specified or determinable date, on occurrence of a specified event, or on demand, (b) the duty or responsibility …

Is slander a criminal offense?

Written defamation is called “libel,” while spoken defamation is called “slander.” Defamation is not a crime, but it is a “tort” (a civil wrong, rather than a criminal wrong). A person who has been defamed can sue the person who did the defaming for damages.

What does flinch mean?

intransitive verb. : to withdraw or shrink from or as if from pain : wince He flinched when he was presented with the car repair bill. also : to tense the muscles involuntarily in anticipation of discomfort I cannot help flinching when I hear the dentist’s drill.

What’s another word for knowingly?

Similar words for knowingly: knowingly (adverb) purposely (adverb) deliberately (adverb) designedly (adverb)

How do you use liable in a sentence?

Liable sentence examplesThe species most liable to be struck are oaks, poplars and pear trees; beech trees are exceptionally safe. … If there are, they are liable to be glass oats! … Such partial competition, with the discrimination it involves, is liable to be worse for the public than no competition at all.More items…

What does undertook mean?

to take upon oneself, as a task, performance, etc.; attempt: She undertook the job of answering all the mail. to promise, agree, or obligate oneself (followed by an infinitive): The married couple undertook to love, honor, and cherish each other.

What does it mean to undertake something?

verb -takes, -taking, -took or -taken (tr) to contract to or commit oneself to (something) or (to do something)to undertake a job; to undertake to deliver the goods. (tr) to attempt to; agree to start. (tr) to take (someone) in charge.

What does knowingly mean?

Consciously; willfully; subject to complete understanding of the facts or circumstances.

What does not knowingly mean?

1 suggesting secret information or knowledge. 2 wise, shrewd, or clever. 3 deliberate; intentional.

What is an example of libel?

The definition of libel is a written and published false statement about someone that damages their reputation. An example of libel is when someone publishes in the newspaper that you are a thief, even though this is false.

How do you prove libel?

To prove either type of a defamation lawsuit, plaintiffs must prove the following elements:The defendant made a false and defamatory statement concerning the plaintiff;The defendant made the defamatory statement to a third party knowing it was false (or they should have known it was false); and.More items…•

How do you find liabilities?

Insert all your liabilities in your balance sheet under the categories “short-term liabilities” (due in a year or less) or “long-term liabilities” (due in more than a year). Add together all your liabilities, both short and long term, to find your total liabilities.

What are examples of liabilities?

Here is a list of items that are considered liabilities, according to Accounting Tools and the Houston Chronicle:Accounts payable (money you owe to suppliers)Salaries owing.Wages owing.Interest payable.Income tax payable.Sales tax payable.Customer deposits or pre-payments for goods or services not provided yet.More items…

What does work undertaken mean?

An undertaking is a job or a task you commit to. The word also can mean the profession of funeral management. When you take something under consideration, it means you’re not necessarily going to do it, you’re just going to think about it. When you take something on, you’ve undertaken to actually do it.

What does accountable mean?

Accountable means obligated to explain, justify, and take responsibility for one’s actions, and to answer to someone, such as a person with more authority. The state of being accountable is accountability.