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Legal Liability

oboloo Glossary

Legal Liability

Legal Liability Definition

When we talk about legal liability, we are referring to the responsibility that a person or entity has to another party for any damages that may arise from their actions. This can be anything from negligence to intentional wrongdoing. If you are found to be legally liable for something, you may be required to pay damages to the injured party.

There are many different types of legal liability, but some of the most common include:

Negligence: This is when someone fails to take reasonable care in their actions and as a result, harms another person. For example, if you forgot to put up a “Wet Floor” sign and someone slips and falls, you could be held liable.

Intentional Wrongdoing: This is when someone deliberately causes harm to another person. An example of this would be assault or battery.

Product Liability: This is when a product that is sold causes injury to the user due to a defect or flaw. An example of this would be if you bought a car with faulty brakes and got into an accident because of it.

Professional Liability: This is when someone in a professional capacity (such as a doctor or lawyer) fails to perform their duties properly and as a result, harms their client.

These are just some examples of legal liability – there are many other situations in which someone can be held responsible for damages. If you have any questions about whether or not you may be liable for

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