A special type of corporation that is authorized by state law which allows a short list of licensed professions to obtain some limited liability (such as lawyers, doctors, accountants, architects and some health care providers.) A PC does not absolve a professional member for personal liability due to their own negligence or malpractice but it does limit the liability of the … [Read more...]
PROHIBITIVE IMPEDIMENTS
Those impediments to a marriage which are only followed by a punishment, but do not render the marriage null. Bowyer, Mod. Civil Law, 44. … [Read more...]
PROFESSIONAL LIABILITY
The liability for negligence resulting from professional services. … [Read more...]
PROFESSIONAL MALPRACTICE
Negligence committed by professionals such as an accountant or an architect. … [Read more...]
PROFESSIONAL MISCONDUCT
Conduct or behavior that deviates from a professional code of conduct and ethics. … [Read more...]