| 1. | "The unlimited liability Name is, in Lloyd's'view, not a sensible option anymore,"
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| 2. | However, members of a society are not exposed to unlimited liability.
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| 3. | This is transposed by the unlimited liability attached to a sole proprietary business.
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| 4. | The Second Circuit opinion would lead to unpredictable and unlimited liability,
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| 5. | Others went broke because names are exposed to unlimited liability.
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| 6. | Note that this assumes limited liability, though results could still hold with unlimited liability.
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| 7. | "This delivers the state from unlimited liabilities, " he said.
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| 8. | This is to limit the loss and avoid the problem of unlimited liability described above.
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| 9. | Unlike corporate investors at Lloyd's, Names accept unlimited liability for the risks they insure against.
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| 10. | Liability is an important issue : in the UK, for example, auditors have unlimited liability.
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