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Uniform and Non-uniform/varied :)
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What is definition of civil obligation?
A civil obligation is a legal duty between parties that is recognized and enforceable by a court of law. It typically involves a requirement to perform a specific act or duty, such as paying a debt or fulfilling a contractual agreement. Failure to meet a civil obligation can result in legal consequences.
Violation or infraction of law legal obligation?
A violation or infraction of the law refers to breaking a legal rule or obligation set by a governing body. It can result in penalties or consequences such as fines, probation, or imprisonment, depending on the severity of the violation and the legal framework in place.
What does it mean to be trustee of a will?
Being a trustee of a will means that you are responsible for managing and distributing the assets of the estate according to the terms outlined in the will. Trustees have a legal obligation to act in the best interests of the beneficiaries and must follow the instructions outlined in the will faithfully.
What stage represents a legal obligation of funds for orders contracts agreements?
Undelivered Orders Outstanding "O"
What is the Successor's legal obligation to an estate after last surviving Grantor dies?
The Successor's legal obligation to an estate after the last surviving Grantor dies is to administer the estate according to the terms outlined in the Grantor's estate planning documents, such as a will or trust. This may involve distributing assets to beneficiaries, settling any outstanding debts or taxes, and fulfilling any other instructions specified by the Grantor. The Successor is required to act in the best interests of the estate and its beneficiaries.
What are the different kind of obligations?
what are the different kinds of obligation
If a promise clearly makes a moral obligation than does the law make it a legal obligation?
Not necessarily. Morals are, by definition, more subjective than the law. You may have a moral obligation to do something for which there is no legal punishment available at all. Maybe you have a moral obligation to give your children presents as your money may permit, but there is no legal obligation to give them more than the necessaries, even if you are filthy rich. In other cases you may have a moral obligation that merely creates a separate and distinct legal obligation. For example, you may have a moral obligation to perform services on a contract, but you cannot be physically forced to actually perform. The only "legal obligation" would be to pay for damages caused by your failure to perform, if any. Therefore, even if there is a legal obligation stemming from such a moral obligation ("you gave your word"), they are not the same obligation.
2kinds of obligation reffering to subject matter?
Two kinds of obligation referring to subject matter are legal obligations, which are enforceable by law and can result in penalties or consequences for non-compliance, and moral obligations, which are based on ethical principles or personal beliefs and may not have legal consequences but can impact one's reputation or relationships.
What is an obligation ex lege?
This is when you are under a legal obligation to do or not to do an act. i.e. obligated by law.
What Legal obligation do i have when running over a cat?
As far as I know, there is no legal obligation. However, you have a moral obligation to find the owners, apologize to them, and offer to pay for the cat's burial/cremation. You'd have to be a pretty horrible person not to do that.
What is the legal definition of obligation?
Anything that you have to do by law. To drive a car, by law you must have a license. It is a legal obligation. You are legally obliged to have a driving license to drive a car.
Four essential elements of obligation?
In legal terms, an 'obligation' binds someone to perform or 'do' a certain thing. (e.g.: a contract forms on obligation on the part of the buyer and the seller to perform in certain ways. A court order will obligate someone to do or act in specific fashion.)
What is a principal obligation?
A main legal, or moral requirement
Do you have an obligation to shoulder the debts of your child of majority age?
You do not have a legal obligation unless you agreed in writing to be responsible. You may have a moral obligation depending on the circumstances but you need to rely on your own moral compass to give you the answer in that case.You do not have a legal obligation unless you agreed in writing to be responsible. You may have a moral obligation depending on the circumstances but you need to rely on your own moral compass to give you the answer in that case.You do not have a legal obligation unless you agreed in writing to be responsible. You may have a moral obligation depending on the circumstances but you need to rely on your own moral compass to give you the answer in that case.You do not have a legal obligation unless you agreed in writing to be responsible. You may have a moral obligation depending on the circumstances but you need to rely on your own moral compass to give you the answer in that case.
What is the legally bound obligation to pay debts called?
The legal obligation of a business to pay a debt is called an:
What is the basis of a natural obligation?
An obligation is a legal bond. Obligations can be civil or natural. A natural obligation implies moral duties which can be enforced only if the obligor consents to it.
Is there a legal obligation for insurers or agents to offer tail insurance?
No.
