Preponderance of the Evidence refers to the standard of proof in civil liability cases, signifying that a claim is more likely to be true than not.
Civil liability involves legal responsibilities arising from alleged torts or breaches of contract, where one individual takes action against another, often leading to financial judgments. Casualty insurance can offer protection in such cases.
An in-depth look at Comprehensive Liability Insurance, providing businesses with coverage for negligence-based civil liability including bodily injury, property damage, and medical expenses.
Loan Fraud involves intentionally providing false information on a loan application to better qualify for a loan. This act may lead to civil liability or criminal penalties.
