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How to pronounce:
liability
Definition:
(nou) the state of being legally obliged and responsible (nou) an obligation to pay money to another party (nou) the quality of being something that holds you back
Phonetic Transcription:
ˌlaɪəˈbɪlɪti
Examples:
Vicarious liability is not just an opinion, it's the law.
The general rule in the criminal law is that there is no vicarious liability.
In principle, the tortious liability runs in parallel to liability in contract.
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