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  2. Public liability - Wikipedia

    en.wikipedia.org/wiki/Public_liability

    Public liability is part of the law of tort which focuses on civil wrongs. An applicant (the injured party) usually sues the respondent (the owner or occupier) under common law based on negligence and/or damages. Claims are usually successful when it can be shown that the owner/occupier was responsible for an injury, therefore they breached ...

  3. Damages - Wikipedia

    en.wikipedia.org/wiki/Damages

    Liability for payment of an award of damages is established when the claimant proves, on the balance of probabilities, that a defendant's wrongful act caused a tangible, harm, loss or injury to the plaintiff. Once that threshold is met, the plaintiff is entitled to some amount of recovery for that loss or injury. No recovery is not an option.

  4. Liquidated damages - Wikipedia

    en.wikipedia.org/wiki/Liquidated_damages

    The definition and scope extended [ edit ] In Australia , the definition of liquidated damages applies to the situations where upon the failure of a primary stipulation, imposes a detriment to the first party or a benefit to the second party by a secondary stipulation collateral to the primary stipulation (i.e. it does not have to be a breach).

  5. Declaration against interest - Wikipedia

    en.wikipedia.org/wiki/Declaration_against_interest

    Under the Federal Rules of Evidence, Rule 804(b)(3) provides: "A statement that: (A) a reasonable person in the declarant's position would have made only if the person believed it to be true because, when made, it was so contrary to the declarant's proprietary or pecuniary interest or had so great a tendency to invalidate the declarant's claim against someone else or to expose the declarant to ...

  6. Liability (financial accounting) - Wikipedia

    en.wikipedia.org/wiki/Liability_(financial...

    In financial accounting, a liability is a quantity of value that a financial entity owes. More technically, it is value that an entity is expected to deliver in the future to satisfy a present obligation arising from past events. [1] The value delivered to settle a liability may be in the form of assets transferred or services performed.

  7. Obtaining pecuniary advantage by deception - Wikipedia

    en.wikipedia.org/wiki/Obtaining_pecuniary...

    This has the same meaning as for section 15 (according to section 16(3) of the Theft Act 1968). See Deception (criminal law) and Obtaining property by deception#By any deception). There must be causation, as to which, see Deception (criminal law) and Obtaining property by deception#By any deception. There must be the obtaining of a pecuniary ...

  8. What Is Tax Liability? - AOL

    www.aol.com/finance/tax-liability-160008169.html

    Tax liability is the total amount of tax debt a business entity or an individual owes to a local, state or federal taxing authority. If the tax withholdings or payments made on your behalf are ...

  9. Non-economic damages caps - Wikipedia

    en.wikipedia.org/wiki/Non-economic_damages_caps

    Non-economic damages caps are tort reforms to limit (i.e., "cap") damages in lawsuits for subjective, non-pecuniary harms such as pain, suffering, inconvenience, emotional distress, loss of society and companionship, loss of consortium, and loss of enjoyment of life.