According to Cornell Law Schools website, the legal definition of liability is, "A legally enforceable claim on the assets of a business or property of an individual. In business, liability results ...
Liability constitutes an important, and oftentimes ruinous, aspect of business. Small businesses in particular may face complete collapse in the face of a liability lawsuit. Various types of liability ...
Learn how a batch clause in liability insurance limits coverage to claims from a specific production cycle, impacting deductible and coverage disputes.
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