The Law Dictionary

Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

LEGAL LIABILITY Definition & Legal Meaning

Definition & Citations:

Lawful accountability and obligations required due to civil actions or torts, or a contract’s terms. Only a court-decision can set this obligation even if by mutual agreement a settlement occurs out of court. Only the liability arising from torts is covered by liability insurance. Contractual obligations have no bearing.


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