Cryptocurrency Q&A
What is the onus example?
What is the onus example?
Isabella
Mon Sep 30 2024
|
6 answers
1245
Could you please clarify what you mean by 'onus example' in the context of cryptocurrency and finance? Are you referring to an example of a situation where a specific responsibility or burden falls on a party, such as a cryptocurrency exchange or investor? Or perhaps you're asking for an illustration of how the concept of onus can be applied in the world of digital assets and financial transactions? It would be helpful if you could provide a bit more context or specify what area of cryptocurrency or finance you're specifically interested in exploring.
6 answers
Margherita
Wed Oct 02 2024
The term "onus" in English refers to a responsibility or duty that one bears. It is often used in contexts where a specific task or obligation needs to be fulfilled.
Was this helpful?
109
33
CryptoNinja
Wed Oct 02 2024
For instance, in the context of property ownership, the onus is on the landlord to ensure that the property is habitable and meets certain standards of safety and livability.
Was this helpful?
122
26
KimchiQueenCharmingKissWarmth
Wed Oct 02 2024
This means that the landlord is responsible for maintaining the property in a good condition and addressing any issues that may arise, such as repairs or renovations.
Was this helpful?
225
70
DongdaemunTrendsetter
Wed Oct 02 2024
In other scenarios, the onus may shift from one party to another. For example, in the case of passenger safety, there is a growing movement to shift the responsibility for ensuring the safety of passengers from private companies to the government.
Was this helpful?
214
63
BusanBeautyBloomingStar
Tue Oct 01 2024
This shift in the onus is driven by the belief that the government has the resources and authority to implement more comprehensive safety measures and hold companies accountable for any failures in their safety protocols.
Was this helpful?
217
92
Load 5 more related questions
