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On other occasions, causation is the only requirement for legal liability (other than the fact that the outcome is proscribed). For example, in the law of product liability, the courts have come to apply to principle of strict liability: the fact that the defendant's product caused the plaintiff harm is the only thing that matters. The ...
Legal liability concerns both civil law and criminal law and can arise from various areas of law, such as contracts, torts, taxes, or fines given by government agencies. The claimant is the one who seeks to establish, or prove, liability.
An example of this is a pedestrian crossing a road carelessly and was hit by a driver driving carelessly. Last clear chance – Doctrine under which a plaintiff can recover against comparative and contributory negligence defenses if they can demonstrate that the defendant had the last opportunity to avoid the accident.
In Europe, in the context of the Horizon 2020 program, ELSA-style research is now usually framed as Responsible Research and Innovation. [8] Examples of academic journals open to publishing ELSA research results are New Genetics and Society (Taylor and Francis) and Life Sciences, Society and Policy (SpringerOpen).
Empirical legal studies (ELS) is an approach to the study of law, legal procedure, and legal theory through the use of empirical research. [1] Empirical legal researchers use research techniques that are typical of economics, psychology, and sociology; however, ELS research tends to be more focused on purely legal questions than the related fields of law and economics, legal psychology, and ...
In accounting, contingent liabilities are liabilities that may be incurred by an entity depending on the outcome of an uncertain future event [1] such as the outcome of a pending lawsuit. These liabilities are not recorded in a company's accounts and shown in the balance sheet when both probable and reasonably estimable as 'contingency' or ...
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If parties have joint liability, each of them is liable up to the full amount of the relevant obligation. Example: Alex and Bobbie are married. Together they take a loan from a bank and the loan agreement specifies that they are to be jointly liable for the full amount. Alex moves overseas and ceases to make payments.