Legal obligation of an individual or business because of negligent acts or omissions resulting in bodily injury and/or property damage or destruction to another party. There are no intervening circumstances.
Direct Liability
| Business Dictionary: Direct Liability |
| 5min Related Video: Direct Liability |
| Insurance Dictionary: Direct Liability |
Legal obligation of an individual or business because of negligent acts or omissions resulting in bodily injury and/or property damage or destruction to another party. There are no intervening circumstances.
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 | Silent Partner (business term) |
| Working Interest (finance term) |
| Business Liability Insurance (insurance term) |
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 | Business Dictionary. Dictionary of Business Terms. Copyright © 2000 by Barron's Educational Series, Inc. All rights reserved. Read more |
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| Insurance Dictionary. Dictionary of Insurance Terms. Copyright © 2000 by Barron's Educational Series, Inc. All rights reserved. Read more |
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Mentioned in
- Silent Partner (business term)
- Working Interest (finance term)
- Business Liability Insurance (insurance term)
- Severance
