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LSDefine
Simple English definitions for legal terms
liable
Read a random definition: UNCITRAL Rules
A quick definition of liable:
Term: Liable
Definition: When someone is liable, it means they can be held responsible for something that happened. This could be something they did wrong or something they were supposed to do but didn't. Being liable can mean that the person has to pay for any damage or harm that was caused.
Related terms: Limited liability, Obligation
A more thorough explanation:
Term: LiableDefinition: To be legally responsible or obligated to do something.
Examples: If a person causes a car accident, they may be liable for the damages. A company may be liable for injuries caused by their products.
Explanation: When someone is liable, it means they are responsible for something. In the case of a car accident, the person who caused it may be liable for paying for the damages to the other person's car. Similarly, if a company makes a product that causes harm to someone, they may be liable for the person's injuries. Being liable means that you have a legal obligation to do something, such as paying for damages or compensating someone for their losses.