A liability is a financial obligation or debt owed. Liabilities are key elements on every company’s balance sheet, and therefore, important to stock and bond investors. Learn more. In finance and ...

Businesses can cause bodily injuries, property damage and even damage through advertisements, which can result in costly lawsuits. Commercial general liability insurance can protect a company by ...

Liabilities reflect what a company owes, crucial for evaluating its balance sheet. Understanding liabilities helps assess if a company’s asset growth matches its debts. Effective liability management ...

Christy Bieber has a JD from UCLA School of Law and began her career as a college instructor and textbook author. She has been writing full time for over a decade with a focus on making financial and ...

Discover what counseling liability entails, the risks faced by professionals, and insurance options available to protect against claims of negligence and malpractice.

The limitation of liability is one of the most important clauses in a software license agreement because it limits the amount and types of damages one party can recover from the other party. For ...