What is Liability ?
Liability
Generally, Liability is a sense or condition of being responsible, accountable for doing something.
Legally , The remedial responsibility that creates after the breach of law or neglecting duty is liability.
At the breach of contract, neglecting duty or violation of law the responsibility that needs to bear as remedy is liability.
Definition
According to Osborne "Liability is defined as a person who violates the law is responsible for that act". According to Salmond "The bond of necessity between the wrongdoer and the remedy received for the wrong is called liability." Hence, Liability creates after violation of law. Violation of civil law creates civil liability and violation of criminal law creates criminal liability.
Types Of Liability
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