MANAGEMENT

Detailed explanation-1: -definition: the state of being responsible for something, especially by law. It can also be a person or thing whose presence or behavior is likely to put one at a disadvantage.-the team member was doing nothing on the project, therefore was a liability to the rest, and they had to remove him.

Detailed explanation-2: -Liability is legal responsibility for something.

Detailed explanation-3: -li·a·bil·i·ty ˌlī-ə-ˈbi-lə-tē plural liabilities. : the quality or state of being liable. : something for which one is liable: as. : a financial obligation : debt.

Detailed explanation-4: -A party is liable when they are held legally responsible for something. Unlike in criminal cases, where a defendant could be found guilty, a defendant in a civil case risks only liability.

Detailed explanation-5: -n. one of the most significant words in the field of law, liability means legal responsibility for one’s acts or omissions.