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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 …
15 Civic Duty Examples
A civic duty is an action or task required by the laws of a nation, state, or …
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- 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...
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.
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 legally obligated to fulfill the terms and conditions outlined in that agreement.
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 imposed by a contract, promise, or law.
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 can file a suit. The parties will bargain and decide on the conditions they want included in the contract before signing it.
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 may choose to freely act under obligations. Obligation exists when there is a choice to do what is morally good and what is morally unacceptable. [1]
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, …
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 contractual obligations from a property rental contract. Nevertheless, most of the contracts contain some common forms of contract obligations:
WEBMay 31, 2024 · Examples of current liabilities include accounts payables, short-term debt, accrued expenses, and dividends payable. Current liabilities can be compared with non-current, or...
Examples of 'Obligation' in a Sentence | Merriam-Webster
WEBSynonyms for obligation. She failed to fulfill her obligations as a parent. She believes that all people have a moral obligation to defend human rights. He argues that people in a community have certain obligations to each other. For some, the heat and fasting obligations were too much to bear.
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 that a company meets certain performance requirements.
Obligations Definition & Meaning - Merriam-Webster
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.
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 requirement that the operations of a firm have a fundamentally positive impact. The following are illustrative examples.
OBLIGATION | definition in the Cambridge English Dictionary
WEB[ C or U ] a legal or moral duty to do something: a legal / moral obligation. an obligation to do sth There is a legal obligation to publish accounts. We have an obligation to generate value for our shareholders. an obligation to sb Under bankruptcy law, the company has an obligation to creditors.
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 of OBLIGATION used in a sentence.
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 book liabilities in...
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, house, and love them.
Moral Obligation - Moral Philosophy - Cambridge University Press ...
WEBChapter. Get access. Share. Cite. Summary. Moral philosophy characteristically sees moral standards as reasons. That an action would be kind or just or in some way morally admirable is supposed to give us a reason for performing it. And surely there is something right about the thought that moral standards imply reasons for conforming to them.
Pre-existing duty rule - Wikipedia
WEBThe basic rule. The leading case is Stilk v Myrick (1809), [3] where a captain promised 8 crew the wages of two deserters provided the remainders completed the voyage.
Current Liabilities: What They Are and How to Calculate Them
WEB2 days ago · Examples of current liabilities include accounts payable, short-term debt, dividends, and notes payable as well as income taxes owed.
U.S. Obligations under International Agreements
WEBGovernment Procurement. U.S. Obligations under International Agreements. A list of the U.S. States, other sub-Federal entities, and other entities that are subject to U.S. obligations under international agreements is set out in the Appendix to OMB Amended Guidance, click here.
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