Legal liability
Legal Liability: What It Means & How It Works - LandesBlosch
You are deemed to be “legally liable” when you lose a civil court case to another individual, and the court determines you owe that person ...
Legal liability concerns both civil law and criminal law and can arise from various areas of law, such as contracts, torts, taxes, or fines given by government ...
What is legal liability? - Next Insurance
Legal liability is a form of legal responsibility, usually to compensate a third party for harm you caused. Learn how insurance helps protect your business.
Professional Liability Legal Definitions | U.S. Department of Commerce
Legal liability for damages due to injuries to other persons, damage to their property, or other damage or loss to such persons (including the expenses of ...
liability | Wex | US Law | LII / Legal Information Institute
Primary tabs. A party is liable when they are held legally responsible for something. Unlike in criminal cases, where a defendant could be found guilty, a ...
LEGAL LIABILITY definition | Cambridge English Dictionary
LEGAL LIABILITY meaning: responsibility that someone has for their actions, for example the responsibility to pay another…. Learn more.
How Does a 'Person' Become Legally Liable? - IIABA
Legal liability is liability imposed by the courts on the person or entity responsible for the injury or damage suffered by another party or individual.
Liability - Legal Dictionary | Law.com
n. one of the most significant words in the field of law, liability means legal responsibility for one's acts or omissions. Failure of a person or entity ...
Legal Liability - an overview | ScienceDirect Topics
Legal Liability ... Legal liability refers to the compulsory legal consequences that individuals and organizations face for their illegal acts. It is an integral ...
liable | Wex | US Law | LII / Legal Information Institute
Primary tabs. To be liable in a legal sense simply means to be held legally responsible or obligated. For example, a defendant in a civil torts case may be ...
What Is Legal Liability in Business Insurance? - Insureon
Legal liability describes a situation in which a small business is held legally responsible for injuring or financially harming another party, ...
Legal Liability: How Liability is Established After an Accident
Legal liability is divided into four basic concepts. #1: Duty of Care To bring a claim against another party, that party must have owed you a duty of care at ...
Liability: Definition, Types, Example, and Assets vs. Liabilities
A liability is something a person or company owes, usually a sum of money. Payment can be either near- or long-term. Liability can also mean a legal risk or ...
legal liability coverage form - IRMI
A legal liability coverage form is the Insurance Services Office, Inc. (ISO), Commercial Property Legal Liability Coverage Form (CP 00 40) that provides ...
Understanding Your Legal Liability as an Employer | Wolters Kluwer
Also, just because you think you have structured your contracts to delegate responsibility to a staffing company, you may not have escaped all legal liability.
Liability | Negligence, Damages & Insurance - Britannica
Liability, in law, a broad term including almost every type of duty, obligation, debt, responsibility, or hazard arising by way of contract, tort, or statute.
Legal Foundations of Liability Underwriting - The Institutes
In addition, the policy obligates the insurer to pay damages for which the insured is legally liable. In most liability claims in which the insurer believes ...
Economic Theories of Legal Liability
Economic Theories of Legal Liability by Robert D. Cooter. Published in volume 5, issue 3, pages 11-30 of Journal of Economic Perspectives, Summer 1991, ...
Educators Legal Liability Coverage
Educators Legal Liability Coverage. United Educators' (UE's) educators legal liability (ELL) policy covers institutions with limits up to $30 million subject to ...
What Cargo Legal Liability? - Falvey Insurance Group
Cargo legal liability is a type of insurance designed for carriers, such as ship, truck, and train operators, who transport goods.