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Pecuniary liability generally refers to financial obligations or liabilities that arise from various sources. The main types include contractual liability, which arises from agreements or contracts; tort liability, stemming from wrongful acts or negligence; and statutory liability, which is imposed by law. Additionally, there can be vicarious liability, where one party is held responsible for the actions of another, typically in employer-employee relationships. Each type involves different legal principles and consequences for the liable party.

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4w ago

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Related Questions

Who has pecuniary liability for erroneous payments?

Certifying Officers have pecuniary liability for erroneous payments.Certifying Officers


What is the definition of pecuniary liability?

The definition of "pecuniary liability" is the responsibility to repay the Government for fiscal irregularities.


Pecuniary liability is the personal liability of?

Certifying Officers


Pecuniary liability is the personal liability for whom?

Certifying Officers


Which of the following is true about Authorizing Official (AO) and Reviewing Official (RO) pecuniary liability?

AOs always bear pecuniary liability for the entire contents of the travel document


What IS a defense against pecuniary liability?

Following the established procedures is a defense against pecuniary liability.Followed established procedures


Liability refers to a financial liability brought on by a loss that has resulted from illegal improper or incorrect payments?

Pecuniary


Pecuniary liability attaches?

automatically to certifying officers when there is fiscal irregularity


What is definition of pecuniary liability?

The responsibility to repay the Government for fiscal irregularities.


NOT a means of clearing a Certifying Officer's pecuniary liability?

Transfering to another department is not a means of clearing departmental accountable officers for official pecuniary liability.


An automatic presumption of pecuniary liability applies to?

Certifying Officers and Dispursing Officers


What is the best definition of pecuniary liability in DTS?

The responsibility to repay the Government for fiscal irregularities.