The title 'Esquire' (abbreviated as 'Esq.') is used by lawyers in the United States as an alternative honorific preceding an individual's name, e.g., 'Allen Seegull, Esq.' instead of 'Mr. Allen Seegull.'
Professional liability arises when an individual, presenting themselves as an expert in a particular field, is alleged to have committed negligent acts or omissions while rendering their professional service. This form of liability is prevalent among professionals such as physicians, attorneys, and Certified Public Accountants (CPAs).
Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.