secondary liability

secondary liability
secondary liability see liability 2b

Merriam-Webster’s Dictionary of Law. . 1996.

Игры ⚽ Поможем сделать НИР

Look at other dictionaries:

  • Secondary liability — Secondary liability, or indirect infringement, arises when a party materially contributes to, facilitates, induces, or is otherwise responsible for directly infringing acts carried out by another party. The US has statutorily codified secondary… …   Wikipedia

  • secondary liability — The liability on an instrument of any person who is not primarily liable thereon. 11 Am J2d B & N § 525. The liability of one of two tortfeasors liable to the same injured person of such nature in reference to the liability of the other… …   Ballentine's law dictionary

  • Secondary Liability — A type of legal obligation where one party assumes legal responsibility for the actions of another party. There are essentially two types of secondary liability: vicarious liability and contributory liability. Vicarious liability exists under the …   Investment dictionary

  • secondary liability — noun The legal responsibility arising when a party materially contributes to, facilitates, induces or is otherwise responsible for directly infringing acts carried out by another party. Syn: indirect infringement …   Wiktionary

  • liability — li·a·bil·i·ty /ˌlī ə bi lə tē/ n pl ties 1: the quality or state of being liable 2: something for which one is liable: as a: a financial obligation: debt tax liability the bonds …   Law dictionary

  • secondary — sec·ond·ary / se kən ˌder ē/ adj 1: of second rank, status, importance, or value 2: derived from something original or primary 3: of, relating to, or being the second order or stage in a series sec·ond·ar·i·ly /ˌse kən der ə lē/ adv se …   Law dictionary

  • stockholder's secondary liability — The liability of a stockholder to a creditor of the corporation under former statutes, such liability arising upon the exhaustion of all remedies against the corporation for the collection of the debt, at least not before the return unsatisfied… …   Ballentine's law dictionary

  • secondary party — n. A person who is responsible for paying a debt if the original debtor fails to; a person who has secondary liability for a debt. The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008 …   Law dictionary

  • liability — The word is a broad legal term. Mayfield v. First Nat. Bank of Chattanooga, Tenn., C.C.A.Tenn., 137 F.2d 1013, 1019. It has been referred to as of the most comprehensive significance, including almost every character of hazard or responsibility,… …   Black's law dictionary

  • liability — The word is a broad legal term. Mayfield v. First Nat. Bank of Chattanooga, Tenn., C.C.A.Tenn., 137 F.2d 1013, 1019. It has been referred to as of the most comprehensive significance, including almost every character of hazard or responsibility,… …   Black's law dictionary

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”