MLchartDataset catalogue

Entity liability

Term · Law · MLC-T-LAW-001880

The legal responsibility of an organization, such as a corporation or partnership, for its own actions or the actions of its agents. This concept distinguishes the organization's obligations from the personal liabilities of its owners or members. The extent of entity liability often depends on the specific legal structure of the organization, such as limited liability for corporations.

Table 1. Record
IdentifierMLC-T-LAW-001880
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-001880",
  "term": "Entity liability",
  "field": "Law",
  "definition": "The legal responsibility of an organization, such as a corporation or partnership, for its own actions or the actions of its agents. This concept distinguishes the organization's obligations from the personal liabilities of its owners or members. The extent of entity liability often depends on the specific legal structure of the organization, such as limited liability for corporations.",
  "url": "https://mlchart.com/terminology/law/entity-liability/"
}

Record 1,770 of 5,445 in Law terminology (MLC-0107). Request the full dataset.