legal-liabilities

Vocabulary Word

Definition

'Legal liabilities' are obligations or responsibilities that a person or organisation must meet under the law. Think about them as legal promises you make and have to keep.

Examples in Different Contexts

In environmental law, 'legal liabilities' can arise from failing to comply with environmental protection regulations. An environmental consultant might warn, 'Companies face significant legal liabilities if they disregard environmental legislation.'

Practice Scenarios

Tech

Scenario:

There's a rising requirement for accountability and transparency in how we operate our tech platforms. We need to consider all angles.

Response:

We should ensure that we're meeting our legal liabilities regarding our platform’s terms of use and privacy policy.

Creative

Scenario:

Our new campaign ideas are inspired by several popular works. We need to cross-check to prevent possible infringements.

Response:

We need to acknowledge our legal liabilities around intellectual property before proceeding with the campaign.