Tag Archives: liability

THE TRUTH ABOUT EXEMPT

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Exempt: v. to fully and/or partially free from a (law and/or obligation) and/or liability imposed on others

A tax exemption for married couples or a special interest organization means that either no tax is paid or a lesser tax is paid than that imposed on others. An exemption may also lead to a privileged status such as a handicapped human being able to park in a handicapped parking space.

To be exempt also means to be fully and/or partially free of a law and/or rule and/or regulation imposed on others. A rule is usually an unofficial obligation and a regulation is frequently an official obligation.

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THE TRUTH ABOUT LIABILITY+

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Liability: n. legally responsible and frequently responsible for a subset(s) required by contract

Offspring are parental liabilities to a large degree unless they participate in a family business or are part of a culture where they are old age insurance.

Official contracts can become additional liabilities if the contracted humans start to behave extremely irresponsibly and cause expenses beyond a reasonable norm.

Irresponsible driving and many accidents can increase the normative liability to skyrocket and leave no recourse for the insurance company than to raise the insurance amount or cancel the contractual agreement.

Most humans can become increasingly costly liabilities to others when their historical behavior changes radically and becomes very bad or very irresponsible greatly exceeding historical norms.

Immoral or very irresponsible behavior frequently exceeds the acceptable liability limits of what a human or organization with a good reputation to maintain has and almost always results in a termination of the relationship.

Severe addictions and immoral behavior can not only devastate a family bank account and become an overwhelming monetary liability but can also cause extreme emotional trauma and misery which can be considered to be an emotional burden or liability to other members of the affected family.

When immorality and very irresponsible behavior is rewarded by society and its laws then that society not only is headed for anarchy but financial bankruptcy too.

If you liked this evergreen truth blog then read more of them, about 1900 so far, or read one or more of my evergreen truth books, especially COMMON SENSE, rays of truth in a human world filled with myths and deceptions.

For a complete readily accessible list of blogs and titles go to twitter.com/uldissprogis.

Enjoy!!!!!!

If you enjoyed this blog then here is a list of my most popular ones which you may also enjoy!!!

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