MLchartDataset catalogue

Primary liability

Term · Law · MLC-T-LAW-003891

Liability that rests directly on the person who committed the wrongful act or who owes the underlying obligation, as opposed to secondary liability that arises only because of another's act or default, such as that of an accomplice, an aider and abettor, or a guarantor. A borrower, for example, is primarily liable on a loan, while a guarantor becomes liable only if the borrower defaults.

Table 1. Record
IdentifierMLC-T-LAW-003891
FieldLaw
Record as JSON
{
  "id": "MLC-T-LAW-003891",
  "term": "Primary liability",
  "field": "Law",
  "definition": "Liability that rests directly on the person who committed the wrongful act or who owes the underlying obligation, as opposed to secondary liability that arises only because of another's act or default, such as that of an accomplice, an aider and abettor, or a guarantor. A borrower, for example, is primarily liable on a loan, while a guarantor becomes liable only if the borrower defaults.",
  "url": "https://mlchart.com/terminology/law/primary-liability/"
}

Record 3,923 of 5,441 in Law terminology (MLC-0107). Request the full dataset.