Question

Which of the following describes the concept of liability?

1) Taking ownership of an assigned task.
2) Answering for one's actions to an authority figure.
3) The legal responsibility for one's actions.
4) The moral duty one has to take action.

Answer 1

Liability is the legal responsibility for one's actions, involving accountability and answering for one's actions to an authority figure, such as a court of law or a governing body.

Step-by-step explanation:

The concept of liability refers to the legal responsibility for one's actions. It involves being accountable and answering for one's actions to an authority figure, such as a court of law or a governing body. Liability can arise in various contexts, such as personal or business relationships, and it encompasses both civil and criminal responsibilities.