Simple English definitions for legal terms
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Legal liability refers to the legal responsibility or obligation to another person or society, which can be enforced by civil remedy or criminal punishment. It can also refer to a financial or pecuniary obligation, such as a debt or tax liability.
For example, if a person causes injury to another person due to negligence, they may be held legally liable for the damages caused. This means they are responsible for compensating the injured person for their losses, such as medical expenses and lost wages.
There are different types of legal liability, such as:
Overall, legal liability is an important concept in the legal system as it holds individuals and entities accountable for their actions and helps to ensure that victims are compensated for their losses.