Liability

Liability:

In the law there are several different forms of liability.

In general liability is an obligation that legally binds an individual or company to settle a debt or an act. When one is liable for a debt, they are responsible for paying the debt or settling a wrongful act they may have committed.

Strict liability is a standard for liability, which may exist in either a criminal or civil context. A rule specifying strict liability makes a person legally responsible for the damage and loss caused by his or her acts and omissions regardless of culpability

Vicarious liability: (employers / principals ) The responsibility of the superior for the acts of their subordinate. Also includes the responsibility of any third party that had the "right, ability or duty to control" the activities of a violator.

Product liability: Is 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.

Christian P. Gatten