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Answer the question.
-What is the probability of an impossible event?
Limited Liability
A legal status where a person's financial responsibility is limited to a fixed amount, usually the value of their investment in a company or partnership.
Torts
Civil wrongdoings recognized by law as grounds for a lawsuit, resulting in injury or harm that constitutes the basis for a claim by the injured party.
Vicariously Liable
Legal responsibility of one party for the actions of another party, typically in an employer-employee relationship.
Formal Steps
Formal steps are specific procedures required by law or regulation to complete a legal action or process.
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