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1. Liability: In accounting, a liability is the financial obligation of a business which, at present, has not been paid. Common examples of liabilities include accounts payable to vendors who supply goods to be resold or used in manufacturing, taxes owed to ... [100%] 2023-02-15 [Accounting Terms] [Accounting]...
2. Livability: Livability or liveability is the degree to which a place is good for living. Livability refers to the concerns that are related to the long-term wellbeing of individuals and communities. (Philosophy) [88%] 2024-03-31 [Philosophy of life] [Sociological terminology]...
3. Lability: Lability refers to something that is constantly undergoing change or is likely to undergo change. In reference to biochemistry, this is an important concept as far as kinetics is concerned in metalloproteins. (Chemistry) [87%] 2023-12-26 [Chemical reactions]
4. Legal liability: In law, liable means "responsible or answerable in law; legally obligated". 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 agencies. (Social) [70%] 2023-12-27 [Debt] [Legal terminology]...
5. Strict liability: A Strict Liability offence is one there is a rebuttable presumption that mens rea is present. Typically strict liability offences are limited to traffic violations and other minor crimes. [70%] 2023-02-11 [Legal Terms]
6. Product liability: Product liability is the area of law in which manufacturers, distributors, suppliers, retailers, and others who make products available to the public are held responsible for the injuries those products cause. Although the word "product" has broad connotations, product liability ... (Area of law in which product manufacturers are held responsible for damages caused) [70%] 2023-12-21 [Product liability]
7. Statutory liability: Statutory Liability is a legal term indicating the liability of a party who may be held responsible for any action or omission due to a related law that is not open to interpretation. Although the term is a generic one ... [70%] 2023-12-21 [Business law] [Financial services]...
8. Secondary liability: Secondary liability, or indirect infringement, arises when a party materially contributes to, facilitates, induces, or is otherwise responsible for directly infringing acts carried out by another party. The US has statutorily codified secondary liability rules for trademarks and patents, but ... [70%] 2023-12-11 [Public liability] [Intellectual property law]...
9. Statutory liability: Statutory Liability is a legal term indicating the liability of a party who may be held responsible for any action or omission due to a related law that is not open to interpretation. Although the term is a generic one ... (Finance) [70%] 2023-11-20 [Business law] [Financial services]...
10. No liability: A no-liability company in Australia (suffix NL) is a company which, under the Corporations Act 2001 (Cth), must have as its stated objects that it is solely a mining company and that it is not entitled to calls on ... (Finance) [70%] 2023-12-27 [Types of business entity]
11. Legal liability: In law, liable means "responsible or answerable in law; legally obligated". 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 agencies. (Legal obligation for any damage, enforceable by either civil law or criminal law) [70%] 2023-12-22 [Debt] [Legal terminology]...
12. Premises liability: Premises liability (known in some common law jurisdictions as occupiers' liability) is the liability that a landowner or occupier has for certain torts that occur on their land. Premises liability may range from things from "injuries caused by a variety ... [70%] 2023-11-08 [Tort law] [Real property law]...
13. Employers’ Liability: The law of England as to the liability of employers in respect of personal injuries to their servants is regulated partly by the common law and partly by statute; but by the Employers’ Liability Act 1880, such exceptions have been ... [70%] 2022-09-02
14. No liability: A no-liability company in Australia (suffix NL) is a company which, under the Corporations Act 2001 (Cth), must have as its stated objects that it is solely a mining company and that it is not entitled to calls on ... [70%] 2023-12-21 [Types of business entity] [Australian corporate law]...
15. Fixed liability: A fixed liability is a debt, bond, mortgage or loan that is payable over a term exceeding one year. Such debts are better known as non-current liabilities or long-term liabilities. (Finance) [70%] 2023-10-12 [Bonds (finance)] [Debt]...
16. Indirect liability: Indirect liability refers to legal liability imposed on an entity which is facilitating an infringement of another's rights, particularly of intellectual property rights, but not accruing benefit (or loss) from the infringement. Indirect liability can be imposed on the ... (Social) [70%] 2023-12-27 [Legal terminology]
17. Vicarious liability: Vicarious liability is a form of strict, secondary liability that hold a person responsible for the actions of a subordinate. It arises under the common law doctrine of agency – respondeat superior – the responsibility of the superior for the acts of ... [70%] 2023-02-28 [Legal Terms]
18. Liability waiver: 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. By doing so, the company attempts to remove legal liability from the business or person ... (Legal document where a company attempts to remove legal liability from an activity) [70%] 2023-12-22 [Legal documents] [Public liability]...
19. Decennial liability: Decennial liability insurance or "Inherent Defect Insurance" is insurance that is taken out (by the contractor or principal) to cover costs associated with the potential collapse of a building after completion. The name derives from the fact that it covers ... [70%] 2023-12-22 [Civil law (legal system)] [Liability insurance]...
20. Limited liability: 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 in a corporation, company or partnership. If a company that provides limited ... (Finance) [70%] 2023-12-22 [Business law] [Shareholders]...