liability and compensation

Liability refers to the legal responsibility one has for their actions or omissions, particularly when they cause harm or damage to another person or their property. If someone is found liable, they may be required to compensate the affected party, which means providing financial payment or restitution for the losses incurred. This can cover medical expenses, property repairs, lost wages, and other damages. Essentially, liability ensures that individuals or organizations are held accountable for their actions, while compensation aims to restore the victim to their previous state as much as possible.

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Liability refers to the legal responsibility one has for their actions or omissions that cause harm or damage to others. If a person or organization is found liable, they may be required to provide compensation, which is financial reimbursement for the losses incurred by the affected party. Compensation aims to make the injured party whole again by covering costs such as medical expenses, lost wages, or property damage. Essentially, liability holds individuals accountable, while compensation serves to address the consequences of their actions, ensuring fairness in situations involving harm or loss.