What does "legal liability" mean?

The term "legal liability" refers to the legal responsibility that an individual or organization has for their actions or inactions, particularly when those actions result in harm or damage to another party. This concept is fundamental in the field of law as it establishes accountability. When someone is deemed legally liable, they may be required to compensate the affected party for damages incurred, thereby enforcing the principle that individuals must act responsibly and consider the consequences of their actions.

Legal liability encompasses various contexts, including tort law, where individuals can be held liable for negligence, intentional acts, or strict liability situations. Overall, understanding legal liability is crucial for navigating legal responsibilities and ensuring that parties understand the implications of their actions in relation to the law.