Imputed meaning legal
WitrynaImputed knowledge means the knowledge attributed to a party because of his position, or his relationship with or responsibility for another party. Such … Witrynaimpute v. 1) to attach to a person responsibility (and therefore financial liability) for acts or injuries to another, because of a particular relationship, such as mother to child, guardian to ward, employer to employee, or business associates. Example: a 16-year-old boy drives his father's car without a license and runs someone down.
Imputed meaning legal
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WitrynaImputed Income Law and Legal Definition. Imputed income is the addition of the value of cash/non-cash compensation to an employees’ taxable wages in order to properly … Witryna19 lip 2024 · Imputed income life insurance is the additional taxable income that employees receive when their employers provide group life insurance policies. The IRS requires employers to report coverage exceeding $50,000 on employees’ tax returns. The purpose of recording imputed income — rather than having employers simply …
Witryna2 dni temu · verb (transitive) 1. to attribute or ascribe (something dishonest or dishonourable, esp a criminal offence) to a person. 2. to attribute to a source or … WitrynaWhat does impute mean in law? 1) To attach or ascribe. 2) To place responsibility or blame on one person for acts of another person because of a particular relationship, …
WitrynaImputed income is the accession to wealth that can be attributed, or imputed, to a person when they avoid paying for services by providing the services to themselves, or when the person avoids paying rent for durable goods by owning the durable goods, as in the case of imputed rent . Taxation of imputed income [ edit] Witrynauk / ɪmˈpjuːt / us. LAW. to say that someone is responsible for something that has happened, especially something bad, or that something is the cause of something …
WitrynaBritannica Dictionary definition of IMPUTE. [+ object] formal. : to say or suggest that someone or something has or is guilty of (something) They're trying to impute selfish …
WitrynaColorado Rule On Imputed Disqualification — Generally. Colo. RPC 1.10 addresses imputed conflicts of interest and, thus, the rule of imputed disqualification. Colo. RPC 1.10 provides that all lawyers in a law firm are disqualified from representing a client when one lawyer associated with the firm is disqualified under Colo. RPC 1.7 ... dictionary dongleWitryna14 gru 2024 · Vicarious liability is a legal term used to explain the legal responsibility one party may hold for actions that cause harm, even if they aren’t the party that directly caused the harm. Also sometimes referred to as imputed liability, vicarious liability states that any party who is in an authoritative legal relationship with another party is ... city college southampton applyWitrynaTerms: “Imputed Disqualification”. Where a lawyer’s conflict of interest is attributed to the lawyer’s entire firm for purposes of assessing whether representation of a client may … city college spring 2022 calendarWitrynaEnter a Legal Term. n. sometimes called "imputed liability," attachment of responsibility to a person for harm or damages caused by another person in either a negligence lawsuit or criminal prosecution. Thus, an employer of an employee who injures someone through negligence while in the scope of employment (doing work for the employer) is ... dictionary doozyhttp://www.freedictionary.org/?Query=imputed dictionary donateWitrynaMeaning of imputed. imputed synonyms, pronunciation, spelling and more from Free Dictionary. Search Result for " imputed" : The Collaborative International Dictionary … city college southampton postcodeWitryna28. what is imputed cost? Answer: In economics, an implicit cost, also called an imputed cost, implied cost, or notional cost, is the opportunity cost equal to what a firm must give up in order to use a factor of production for which it already owns and thus does not pay rent. It is the opposite of an explicit cost, which is borne directly. dictionary donning