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Pecuniary liability refers to the financial responsibility or obligation that a person or entity has to pay for damages, losses, or debts. It typically arises in legal contexts, where a party may be held liable for monetary compensation due to their actions or negligence. This type of liability can encompass various situations, including contracts, torts, and statutory obligations. Ultimately, pecuniary liability focuses on the monetary aspects rather than non-financial penalties.
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What is definition of pecuniary liability?
The responsibility to repay the Government for fiscal irregularities.
Best definition of pecuniary liability?
Pecuniary liability refers to a legal obligation to pay a monetary amount, typically arising from a contractual agreement, tort, or statutory requirement. It encompasses any financial responsibility that results in the need to compensate for damages, losses, or debts. This type of liability is distinct from non-pecuniary liabilities, which may involve non-monetary obligations, such as performing a service or refraining from certain actions.
Who has pecuniary liability for erroneous payments?
Certifying Officers have pecuniary liability for erroneous payments.Certifying Officers
Pecuniary liability is the personal liability of?
Certifying Officers
Pecuniary liability is the personal liability for whom?
Certifying Officers
What is the definition of pecuniary liability?
The definition of "pecuniary liability" is the responsibility to repay the Government for fiscal irregularities.
What is the best definition of pecuniary liability in DTS?
The responsibility to repay the Government for fiscal irregularities.
What is definition of pecuniary liability?
The responsibility to repay the Government for fiscal irregularities.
Best definition of pecuniary liability?
Pecuniary liability refers to a legal obligation to pay a monetary amount, typically arising from a contractual agreement, tort, or statutory requirement. It encompasses any financial responsibility that results in the need to compensate for damages, losses, or debts. This type of liability is distinct from non-pecuniary liabilities, which may involve non-monetary obligations, such as performing a service or refraining from certain actions.
Who has pecuniary liability for erroneous payments?
Certifying Officers have pecuniary liability for erroneous payments.Certifying Officers
Pecuniary liability is the personal liability of?
Certifying Officers
Pecuniary liability is the personal liability for whom?
Certifying Officers
What is the best way for certifying officers to prevent pecuniary liability?
By only certifying documents that are legal, proper, and correct.
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
