Almost. It's not quite legal, because I think a constructive liability would fall under that, but where the person who has made the promise cannot get out of it.
On October 5th, 2006. See this statement in context.
On October 5th, 2006. See this statement in context.
October 5th, 2006 / 12:10 p.m.
Vice-President, Standards, Canadian Institute of Chartered Accountants
Almost. It's not quite legal, because I think a constructive liability would fall under that, but where the person who has made the promise cannot get out of it.
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