Imputed knowledge Definition

If the others kill a guard inside the bank, the driver is jointly liable for the homicide. By its nature, a fictitious person can only act through the human agency of the natural persons that it employs. Hence, the notion of vicarious liability for companies and other business entities exclusively depends on the ability to impute knowledge. It can be estimated how much additional business or revenue has been brought in by owning the patent and how much the value of the company has increased as a result, but it is not possible to measure it definitively in hard dollars.

• To ensure that the estimate was as accurate as possible, the researchers used statistical methods to impute what the races would likely be for children whose races were marked as unknown.
• Nevertheless, some of his ‘mistranslations’ may be imputed to it with certainty.
• This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.
• Written-down value is the value of an asset after accounting for depreciation or amortization.
• Adam received his master’s in economics from The New School for Social Research and his Ph.D. from the University of Wisconsin-Madison in sociology.

Our familiar practices of imputing consequences to persons capable of deciding which ends to pursue don’t need to be anchored to anything more basic. Defined contribution plans can of course be important sources of income after retirement; but their measure is problematic because their value has to be imputed. Imputed the rocket failure to a faulty gasket; kindly imputed my clumsiness to inexperience. Reasonable inquiry means an inquiry designed to uncover any information in the entity’s possession about the identity of the producer or provider of covered telecommunications equipment or services used by the entity that excludes the need to include an internal or third-party audit.

Dictionary Entries Near impute

DisclaimerAll content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional. For example, an agent’s knowledge will be imputed to their principal’s knowledge.

To the knowledge shall have the meaning given such term in Section 11.13. Knowledge of Seller or “Seller’s Knowledge” or any other similar knowledge qualification, means the actual or constructive knowledge of any director, manager, or officer of Seller or the Company, after due inquiry.

Kids Definition

Imputations approximate the price and quantity that would be obtained for a good or service if it was traded in the marketplace. The importance in Paul’s thought of the doctrine of the imputation of the righteousness of Christ to the believer can be seen from the fact that the question how righteousness was to be obtained occupied a central place in his religious consciousness, both before and after his conversion. The apostle’s conversion by the appearance of the risen Christ determined his conception of the true way of obtaining righteousness, since the resurrection of Christ meant for Paul the condemnation of his entire past search for righteousness by works of the law. However, there is generally no such duty unless a special relationship exists; between the actual wrongdoer and the one sought to be held liable that imposes a duty, on the latter, to control the wrongdoer’s conduct, and between the person sought to be held and the injury victim that gives such injury victim a right to protection. Another basis for imposing direct liability is the negligent control or supervision of another, so as to prevent him or her from causing injury, death, or property damage to third persons. In like fashion, a son-in-law’s negligence is generally not be imputed to the father-in-law where there is no showing that they were engaged in a joint enterprise and the relation does not invoke the principles of agency. The small differences observed could be explained by the narrow range of possible values from which imputed values were selected in the multiple imputation method.

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More meanings of imputation

There is no problem when the alleged criminal actually intended to cause the particular harm. Things are more difficult when the defendant denies actual knowledge. When evaluating behavior, the legal process assumes the defendant was aware of their immediate physical surroundings and understood practical cause and effect. A mens rea is imputed when a person with reasonable foresight in the same circumstances would have foreseen that the actus reus would occur.

He is a CFA charterholder as well as holding FINRA Series 7, 55 & 63 licenses. He currently researches and teaches economic sociology and the Imputed Legal Definition Of Imputed studies of finance at the Hebrew University in Jerusalem. CableWest imputes to its costs an amount for connection to its exchange. The institutional subscription may not cover the content that you are trying to access.

In addition, we have experience in real estate https://intuit-payroll.org/ and short-sale negotiations. Impute is a somewhat formal word that is used to suggest that someone or something has done or is guilty of something. It is similar in meaning to such words as ascribe and attribute, though it is more likely to suggest an association with something that brings discredit. When we impute something, we typically impute it to someone or something. You may also encounter the related noun imputation, which appears in such contexts as “I deny all your imputations of blame.” Another sense of impute means “to calculate as a value or cost ,” as in “impute a benefit from the use of the car.” Knowledge of Buyer means the actual knowledge, after reasonable inquiry of Buyer’s senior management, and the books and records of Buyer.

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Company’s Knowledge means the actual knowledge of the executive officers of the Company, after due inquiry. Imputed knowledge of the insurerThe ABI was concerned about Clause 3 , which states that an insurer, when determining whether or not a customer has taken “reasonable care” to answer questions to the best of their knowledge, should take into account what they “ought to have been aware of”. In Panorama Developments Ltd v Fidelis Furnishing Fabrics Ltd 2 QB 711, a company secretary fraudulently hired cars for his own use without the managing director knowing. A company secretary routinely enters into contracts in the company’s name and has administrative responsibilities that would give apparent authority to hire cars.

• In such cases, when imputed costs are ignored, total costs appear to rise at a faster rate than they do in reality.
• If they are engaged in an entirely personal activity—e.g., attacking a fellow employee out of anger or stealing from the company—the courts do not impute the relevant mens rea to the company.
• He is a CFA charterholder as well as holding FINRA Series 7, 55 & 63 licenses.
• A multivariate technique for multiply imputing missing values using a sequence of regression models.