fault liability
1liability without fault — see liability 2b Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …
2fault — n [Anglo French faute lack, failing, ultimately from Latin fallere to deceive, disappoint] 1: a usu. intentional act forbidden by law; also: a usu. intentional omission to do something (as to exercise due care) required by law see also negligence …
3liability — li·a·bil·i·ty /ˌlī ə bi lə tē/ n pl ties 1: the quality or state of being liable 2: something for which one is liable: as a: a financial obligation: debt tax liability the bonds …
4Liability insurance — is a part of the general insurance system of risk financing. Originally, individuals or companies that faced a common peril , formed a group and created a self help fund out of which to pay compensation should any member incur loss. The modern… …
5liability insurance coverage — Insurance that provides compensation to third parties who are injured or whose property is damaged due to the fault of the insurance holder. You may have liability insurance for your car or your home, or to cover actions you take in the course of …
6fault — [n1] blame, sin; mistake accountability, answerability, blunder, crime, culpability, defect, delinquency, dereliction, error, evil doing, failing, flaw, foible, frailty, guilt, impropriety, inaccuracy, indiscretion, infirmity, lapse, liability,… …
7Fault (legal) — The meaning of fault Different forms of liability employ different notions of fault, in some there is no need to prove fault. Fault basically refers to legal blameworthiness and responsibility in each area of law. It refers to both the Actus Reus …
8liability — The word is a broad legal term. Mayfield v. First Nat. Bank of Chattanooga, Tenn., C.C.A.Tenn., 137 F.2d 1013, 1019. It has been referred to as of the most comprehensive significance, including almost every character of hazard or responsibility,… …
9liability — The word is a broad legal term. Mayfield v. First Nat. Bank of Chattanooga, Tenn., C.C.A.Tenn., 137 F.2d 1013, 1019. It has been referred to as of the most comprehensive significance, including almost every character of hazard or responsibility,… …
10Liability — A financial obligation, or the cash outlay that must be made at a specific time to satisfy the contractual terms of such an obligation. The New York Times Financial Glossary * * * liability li‧a‧bil‧i‧ty [ˌlaɪəˈbɪlti] noun liabilities PLURALFORM …