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- Examples of obligations include12:
- Legal obligations: e.g. informing the police about a crash.
- Moral obligations: e.g. protecting the environment.
- Contractual obligations: e.g. complying with terms in a contract.
- Professional obligations: e.g. maintaining confidentiality.
- International obligations: e.g. promises made by a country.
Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.Beach operators do not have a legal obligation to provide against injury or drowning. One has an obligation to one's friends. It's her moral obligation to tell the police what she knows. Are you under a contractual obligation to any other company? You have a legal obligation to inform the police about the crash.dictionary.cambridge.org/us/dictionary/english/oblig…- legal/professional/financial obligations
- They reminded him of his contractual obligations.
- The country has promised to comply with its international obligations.
www.oxfordlearnersdictionaries.com/definition/engli… - People also ask
47 Obligations Examples (2024) - Helpful Professor
WEBJan 25, 2024 · Obligation Examples. I’ll split the examples into the three categories: moral, legal, and social. 1. Social Obligations. 1. Respect for Others. Respect for others is one of our core duties to one another, taught to us by our parents in childhood. This can include …
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WEBNov 21, 2023 · Understand what obligation is and learn its legal definition. Examine different types of obligation, and see examples of obligation. Updated: 11/21/2023.
- The failure to meet one's obligations is often met with punishment, the degree of which depends on the character of the contract. For example, if an individual fails to make their car payments regularly, the auto company will repossess the car. Taxes, too, are a form of obligation, and failing to meet them results in large fines or imprisonment. Wh...
Understanding the Legal Definition of Obligation: Importance, …
WEBOct 14, 2019 · Let’s delve into a few examples to illustrate the concept of obligations: 1. Contractual Obligations: When you enter into a contract with another party, you are …
WEBObligation is the moral or legal duty that requires an individual to perform, as well as the potential penalties for the failure to perform. An obligation is also a duty to do what is …
WEBApr 8, 2024 · A contract obligation is a legally binding official document that forms a contract relationship between two or more parties. It is enforced by law, and each party …
WEBAn obligation is a course of action that someone is required to take, whether legal or moral. Obligations are constraints; they limit freedom. People who are under obligations …
WEBThe popular meaning of the term “obligation” is a duty to do or not to do something. In its legal sense, obligation is a civil law concept. An obligation can be created voluntarily, …
WEBFeb 1, 2023 · Examples of Contract Obligations. Contractual obligations depend upon the subject matter of a contract. For instance, a sales contract may have altogether different …
WEBThe meaning of OBLIGATION is the action of obligating oneself to a course of action (as by a promise or vow). How to use obligation in a sentence.
What is a Contractual Obligation and How is It …
WEBMay 18, 2023 · Contractual obligations are the terms that all parties commit to when they sign a contract. The most common types of contractual obligations include delivery, timelines, payment terms, …
Obligation, must, have to, should, English Grammar
WEBMar 18, 2014 · My tooth is sore. I must go to the dentist. To travel, you have to carry a passport. Although this is the guiding rule, there are so many exceptions to it that it is a …
Examples of 'Obligation' in a Sentence | Merriam-Webster
WEBnoun. Definition of obligation. Synonyms for obligation. She failed to fulfill her obligations as a parent. She believes that all people have a moral obligation to defend human …
Obligation, Definition of obligation, Kinds of obligations
WEBMar 6, 2023 · A promise to B to pay $100. In this example, there is only one creditor and one debtor. Solidary Obligation – In case of Solidary Obligation there are two or more …
OBLIGATION Definition & Meaning | Dictionary.com
WEBObligation definition: something by which a person is bound or obliged to do certain things, and which arises out of a sense of duty or results from custom, law, etc.. See examples …
What Are Examples of Current Liabilities? - Investopedia
WEBMay 31, 2024 · Examples of current liabilities include accounts payables, short-term debt, accrued expenses, and dividends payable. Current liabilities can be compared …
Obligation Definition & Example | InvestingAnswers
WEBJun 1, 2021 · An obligation is a legal requirement to fulfill a responsibility. In the finance world, this often involves making specific payments by specific dates and/or ensuring …
9 Examples of Social Obligation - Simplicable
WEBApr 20, 2020 · Social obligation is the requirement that organizations have a positive impact on people and planet. This goes beyond cosmetic issues of reputation to the …
Family Obligations: What Are They & Common Examples
WEBFamily obligations are traditional expectations amongst those with common ancestral ties. The most common is the parental obligations to children; to raise, feed, clothe, …
Current Liabilities: What They Are and How to Calculate Them
WEBMay 31, 2024 · Examples of current liabilities include accounts payable, short-term debt, dividends, and notes payable as well as income taxes owed. The analysis of current …
Obligation vs Responsibility: Which One Is The Correct One?
WEBHere are some examples of how to use obligation in a sentence: As a citizen, it is our obligation to pay taxes. I have an obligation to attend my sister’s graduation ceremony. …
Liability: Definition, Types, Example, and Assets vs. Liabilities
WEBFeb 25, 2024 · A liability (generally speaking) is something that is owed to somebody else. Liability can also mean a legal or regulatory risk or obligation. In accounting, companies …
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