Liability Capacity

From Open Risk Manual

Definition

Liability Capacity. The ability of a Legal Person / Legal Entity to be sued at law

See Also

Issues and Challenges

Note that for the purposes of this model, this is distinct from culpability (the ability to commit criminal acts). That would be a separate and analogous term but with grounding in criminal rather than civil law.

Disclaimer

This entry annotates a FIBO Ontology Class. FIBO is a trademark and the FIBO Ontology is copyright of the EDM Council, released under the MIT Open Source License. There is no guarantee that the content of this page will remain aligned with, or correctly interprets, the concepts covered by the FIBO ontology.

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