responde sólo con su patrimonio

English translation: is liable only to the extent of its assets

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Spanish term or phrase:responde sólo con su patrimonio
English translation:is liable only to the extent of its assets
Entered by: claudia bagnardi

19:18 Jul 21, 2015
Spanish to English translations [PRO]
Bus/Financial - Finance (general) / Convenio de Apertura de Cuenta de Custodia de Títulos Valores
Spanish term or phrase: responde sólo con su patrimonio
Riesgos asumidos por el Cliente por incumplimiento del Agente

En todos los casos, el Agente **responde sólo con su patrimonio.**

Imagino que se refiere a que el Agente responde con los activos de su sociedad, pero no le pesco la vuelta.

Gracias x su ayuda!
TIA

Claudia
claudia bagnardi
Local time: 03:47
is liable only to the extent of its assets
Explanation:
See my comments on Ana's answer.
Selected response from:

philgoddard
United States
Grading comment
Thanks so much phil!
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +2is liable only to the extent of its assets
philgoddard
3is solely liable to the extent of his assest
Ana Vozone


  

Answers


6 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5
is solely liable to the extent of his assest


Explanation:
Suggestion.

Example sentence(s):
  • In a partnership, each of the partners except a limited partner is liable to the extent of his personal assets; in a corporation, stockholders are liable only to the ...
  • Each partner is liable to the extent of his or her respective shares in the company. A minimum of 10 founding members is required.
Ana Vozone
Local time: 07:47
Specializes in field
Native speaker of: Native in PortuguesePortuguese
PRO pts in category: 113

Peer comments on this answer (and responses from the answerer)
neutral  philgoddard: "Solely liable" is ambiguous, because it could also mean the opposite of "jointly liable". Also, it's a company, so "its", not "his".
26 mins
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33 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +2
is liable only to the extent of its assets


Explanation:
See my comments on Ana's answer.

philgoddard
United States
Specializes in field
Native speaker of: English
PRO pts in category: 376
Grading comment
Thanks so much phil!

Peer comments on this answer (and responses from the answerer)
agree  Ana Vozone
1 hr
  -> That's very nice of you! Thanks.

agree  Billh
9 hrs
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