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A tortious liability is related to the duty of care, and negligence of that duty, with respect to persons with whom there is no contractual liability.
For example, if a person fails to maintain his property and part of his property falls off and injures another person, the property owner is liable for the damages to that person, even though it may be a passerby with whom there are no contractual obligations.
A contractual liability is created when two or more parties promise certain things to each other. A person may engage someone to clean their house in exchange for an agreed amount of money. If either party defaults on the agreement, that is breach of contract and legal remedies are available to the 'injured' party.
The law of tort covers many matters of life, and the law of contract is similarly extensive.
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What are the different between tortious liability and contractual liability?
There is more freedom in contractual law where as in tortuous liability it is more of imposed nature. The claimant will receive compensation for damages and expected earnings in the case of contract liability where as the claimant can only claim damages as in the case of tortuous liability. There is more privacy in the contract in the case of contractual liabilities as the parties who are involved in the contract are the one who can actually sue for damages as in the case of ATKIN V SOUNDERS(1942) whereas in tortuous liabilities any one as a third party who had suffered losses or damages can claim compensation from the defendant.
What is tortious liability?
A tortious is related to the duty of care and negligence of that duty with respect to persons with whom there is no contractual liability. For example, if the person fails to maintain his property and part of his property falls off and injures another person, the property owner is liable for the damages to that person, even though it maybe be passerby with whom there are no contractual obligations.
Briefly Compare and contrast tortuous liability to contractual liability?
There is more freedom in contractual law where as in tortuous liability it is more of imposed nature. The claimant will receive compensation for damages and expected earnings in the case of contract liability where as the claimant can only claim damages as in the case of tortuous liability. There is more privacy in the contract in the case of contractual liabilities as the parties who are involved in the contract are the one who can actually sue for damages as in the case of ATKIN V SOUNDERS(1942) whereas in tortuous liabilities any one as a third party who had suffered losses or damages can claim compensation from the defendant.
How do you pronounce tortious?
The word "tortious" is pronounced as TOR-shus. The emphasis is on the first syllable, and the "t" is pronounced like the letter "t" in "top."
What is the definition of tortious conduct?
misconduct
What is tortious Libality?
A tort is a civil wrong. Tortious liability would be liability for a civil wrong. For example, if a person caused an automobile accident, the person would would be liable in "tort," or would have "tortious liability," for the harm proximately resulting from the wrongful act. Bozarts
Can you give me a sentence with tortuous?
The word is spelled tortious. It refers to acts that fall under tort law. In a sentence... Principals are liable for the tortious acts of their agents.
Which of the following statements about torts is correct. a tortious act is always a criminal act a criminal act is always a tortious act a tortious act may also be a criminal act?
None of the statements contained in the question are correct. Torts are civil wrongs, as opposed to criminal offenses.
If current liabilities are 7714 and total liabilities are 18187 what is the ratio of current liabilities to total liabilities?
Current Liabilities to Total Liabilities Ratio = Current Liabilities / Total Liabilities Current Liabilities to Total Liabilities Ratio = 7714 / 18187 Current Liabilities to Total Liabilities Ratio = 0.42 or 42%
What is a person call who commits a tortious act?
A tortfeasor A tortfeasor
What does liability mean?
A limitation (a cap) of liability clause is a contractual provision that restricts the amount of damages a client can recover from a company. Uncapped liability is a liability without a limit.
What are the classification in the liabilities?
liabilities can be classified as short term liabilities and long term liabilities
