Legal liability information

In law, liable means "responsible or answerable in law; legally obligated". Legal liability concerns both civil law and criminal law and can arise from...

proprietorship with the limited liability of a corporation. An LLC is not a corporation under the laws of every state; it is a legal form of a company that provides...

legal action that would not be covered by a more general liability insurance policy which addresses more direct forms of harm. Professional liability...

individuals the legal responsibility to manage the corporation in the corporation's best interest. An LLP also contains a different level of tax liability from that...

capital (and similar to its limited company counterpart) but where the legal liability of the members or shareholders is not limited: that is, its members...

up liability in Wiktionary, the free dictionary. Liability refers to the following: Legal liability, in both civil and criminal law Public liability, part...

Absolute liability is a standard of legal liability found in tort and criminal law of various legal jurisdictions. To be convicted of an ordinary crime...

A liability waiver is a legal document that a person who participates in an activity may sign to acknowledge the risks involved in their participation...

defined in the legal systems of various countries. These include corporations, cooperatives, partnerships, sole traders, limited liability companies and...

wrong that causes a claimant to suffer loss or harm, resulting in legal liability for the person who commits the tortious act. Tort law can be contrasted...

Where two or more persons are liable in respect of the same liability, in most common law legal systems they may either be: jointly liable, or severally...

Corporate liability, also referred to as liability of legal persons, determines the extent to which a company as a legal person can be held liable for...

until the video was fully removed. The case sparked a debate over what legal liability is owed by Internet platforms that fail to promptly remove graphic...

State liability is the legal liability of a state. It refer to the liability of an organ of state or public authority in that state's own domestic legal system...

Limited liability is a legal status in which a person's financial liability is limited to a fixed sum, most commonly the value of a person's investment...

companies have evolved to have following features: "separate legal personality, limited liability, transferable shares, investor ownership, and a managerial...

Collective responsibility Corporate social responsibility Duty Legal liability Legal obligation Legal responsibility (disambiguation) Media responsibility Moral...

The Online Copyright Infringement Liability Limitation Act (OCILLA) is United States federal law that creates a conditional 'safe harbor' for online service...

Liability insurance (also called third-party insurance) is a part of the general insurance system of risk financing to protect the purchaser (the "insured")...

Vicarious liability is a form of a strict, secondary liability that arises under the common law doctrine of agency, respondeat superior, the responsibility...

to the risk of liability, CPAs and accounting firms may carry professional liability insurance to provide some protection from legal claims and lawsuits...

branch structure exposes the owning company to full taxability and legal liability in regard to the branch office's operations. "Branch Office: Definition...

omissions excepted" (E&OE) is a phrase used in an attempt to reduce legal liability for potentially incorrect or incomplete information supplied in a contractually...

outweigh the value of imposing liability in such cases. Such legal immunity may be from criminal prosecution, or from civil liability (being subject of lawsuit)...

is designed to be paid without regard to "fault," or more properly, legal liability. That is, even if the person seeking PIP coverage caused the accident...

Indirect liability refers to legal liability imposed on an entity which is facilitating an infringement of another's rights, particularly of intellectual...