1.   There are, however, two factors which might negate or reduce liability.

2.   As they use the vacation days, the firm reduces the liability, increasing its reported earnings for the period.

3.   Breyer is a forceful advocate for regulation that would reduce the liabilities of insurance companies and polluting industries by redefining acceptable risk levels.

4.   Both Illinois and Ohio enacted comprehensive measures to reduce corporate liability, only to have the bills overturned by their respective state supreme courts.

5.   But he said that reason may also be an excuse to reduce liability for copyright infringement issues that still have to be decided by the courts.

6.   Immediately, insurers began replacing their old, broader policies with the new ones, greatly reducing their liability.

7.   It also would change margin rules and reduce the liability that brokers face when dealing with institutional customers.

8.   It could have a positive effect on banks by reducing their liability to money laundering charges, he said.

9.   It would also adjust capital gains to account for inflation, further reducing tax liability.

10.   Rising interest rates also reduced the liability.