Asked by Nellies Asante on Jul 21, 2024

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Liability rules are laws that require party A to compensate party B for damages imposed.

Liability Rules

Legal principles that define the obligations of parties to compensate for damages or losses they have caused.

Compensate

To make amends or give an equivalent to someone for loss, damage, or suffering experienced.

  • Examine diverse policy instruments for regulating pollution and mitigating environmental damage.
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Muneeba ShahidJul 26, 2024
Final Answer :
True
Explanation :
Liability rules are indeed laws that mandate one party (party A) to compensate another party (party B) for damages or losses that party A has caused to party B.