Liability, Liability Insurance, Libel

Liability, Liability Insurance, Libel :

Liability : any legal obligation, as the money that one owes or a verdict that requires that the compensation for damages be paid : Anything that acts as a disadvantages for a person : individual or business debts

Liability Insurance : a policy that acts as a protective shield for an individual or business against the losses endured due to the claims of injury or damage to a third party that is inclusive of those arising from negligence as for harm instigated by the use of a company’s plant

Libel : a wrongful act that includes printing or bringing about the printing of any slanderous material or something that would in any way act as disrespectful or derisive for a person


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