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2. Liability - Wikipedia

   en.wikipedia.org/wiki/Liability

   Legal liability, in both civil and criminal law . Public liability, part of the law of tort which focuses on civil wrongs; Product liability, the area of law in which manufacturers, distributors, suppliers, retailers, and others who make products available to the public are held responsible for the injuries those products cause

3. 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.

4. Legal liability - Wikipedia

   en.wikipedia.org/wiki/Legal_liability

   A limited liability form separates the owner(s) from the business. The limited liability form essentially acts as a corporate veil that protects owners from liabilities of the business. [2] This means that when a business is found liable in a case, the owners are not themselves liable; rather, the business is.

5. Liability insurance - Wikipedia

   en.wikipedia.org/wiki/Liability_insurance

   Liability insurance (also called third-party insurance) is a part of the general insurance system of risk financing to protect the purchaser (the "insured") from the risks of liabilities imposed by lawsuits and similar claims and protects the insured if the purchaser is sued for claims that come within the coverage of the insurance policy.

6. Limited liability - Wikipedia

   en.wikipedia.org/wiki/Limited_liability

   Limited liability is a legal status in which a person's financial liability is limited to a fixed sum, most commonly the value of a person's investment in a ...

7. How to buy umbrella insurance to fill gaps in your insurance ...

   www.aol.com/finance/buy-umbrella-insurance-fill...

   It provides you with extra liability coverage in case you hit the coverage limit on your existing home, auto, boat, or renters insurance policies. Policies typically range from $1 to $5 million ...