What legal designation describes the obligations imposed by laws on individuals regarding their wrongful acts?

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Liability refers to the legal responsibility an individual or entity has when their actions, whether intentional or negligent, cause harm or injury to another party. This concept encompasses a range of obligations that arise under the law, requiring the responsible party to provide restitution or compensation to those affected by their wrongful acts. In a legal context, liability can manifest in various forms, including tort liability, which pertains to civil wrongs, or criminal liability, which involves offenses that breach public laws. The essence of liability lies in the notion that individuals are accountable not only for their deeds but also for the repercussions that stem from those actions. Understanding liability is crucial for individuals and organizations as it shapes their conduct and informs their decisions to act responsibly within the confines of the law.

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