adjective legally responsible for something
In finance, 'liable' can refer to the obligation to pay debts or fulfill financial responsibilities.
In business, 'liable' can refer to the accountability of a company or individual for certain actions or outcomes.
In legal contexts, 'liable' is used to indicate that someone is legally responsible for something, such as damages or debts.
In insurance, 'liable' is used to describe the responsibility of an individual or entity to cover costs or damages in case of an event.
In accounting, 'liable' is used to describe obligations or debts that a company owes to others.
In the legal field, writers may be liable for defamation if they publish false information about someone.
Psychologists can be held liable for malpractice if they provide negligent or harmful treatment to their clients.
Doctors are liable for medical malpractice if they fail to provide a standard level of care to their patients.
Accountants can be liable for financial fraud if they provide misleading or false information on financial statements.
Engineers may be liable for structural failures if they design buildings or infrastructure that do not meet safety standards.
Lawyers are liable for professional misconduct if they violate ethical rules or fail to represent their clients competently.
Teachers can be held liable for negligence if they fail to provide a safe learning environment for their students.
Architects may be liable for design errors or omissions that result in property damage or personal injury.
Financial advisors can be held liable for giving poor investment advice that results in financial losses for their clients.
Real estate agents are liable for misrepresentation if they provide false information about a property to potential buyers.