corporate liability

Definition of "corporate liability"
  1. The responsibility borne by a corporation, for which it might face penalties or sanctions directly
How to use "corporate liability" in a sentence
  1. The oil spill caused serious environmental damage and the responsible company faced corporate liability.
  2. The misuse of customer data resulted in corporate liability for the tech firm.
  3. Paper manufacturing company faced corporate liability due to negligence in maintaining safety standards, leading to an accident at the factory.

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