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Prelitigation Payment
Payment made before a legal case is formally initiated, often to settle the matter outside of court.
Liability Cases
Legal disputes where one party is seeking damages or remediation from another party for wrongful acts or negligence.
Liability Policy
An insurance policy that provides coverage for legal claims against the insured, typically covering bodily injury and property damage to third parties.
Legally Obligated
Binding under law or contract, requiring a party to act or refrain from acting in a specified manner.
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