primary liability — see liability 2b Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 … Law dictionary
primary liability — legal responsibility of one who accepted an obligation … English contemporary dictionary
liability — li·a·bil·i·ty /ˌlī ə bi lə tē/ n pl ties 1: the quality or state of being liable 2: something for which one is liable: as a: a financial obligation: debt tax liability the bonds … Law dictionary
primary — pri·ma·ry 1 / prī ˌmer ē, mə rē/ adj 1: of first rank, value, or importance 2: belonging to the first group or order in successive divisions, combinations, or ramifications pri·mar·i·ly /prī mer ə lē/ adv primary 2 n pl … Law dictionary
stockholder's primary liability — The liability of a stockholder directly to a creditor of the corporation under former statutes, such liability attaching immediately upon the contracting of the debt by the corporation. See stockholder s liability … Ballentine's law dictionary
liability — The word is a broad legal term. Mayfield v. First Nat. Bank of Chattanooga, Tenn., C.C.A.Tenn., 137 F.2d 1013, 1019. It has been referred to as of the most comprehensive significance, including almost every character of hazard or responsibility,… … Black's law dictionary
liability — The word is a broad legal term. Mayfield v. First Nat. Bank of Chattanooga, Tenn., C.C.A.Tenn., 137 F.2d 1013, 1019. It has been referred to as of the most comprehensive significance, including almost every character of hazard or responsibility,… … Black's law dictionary
primary — First; principal; chief; leading. First in order of time, or development, or in intention. As to primary conveyance primary election primary obligation primary vein, see those titles @ primary activity Concerted action such as a strike or… … Black's law dictionary
primary obligation — An obligation imposed by law in consequence of a person s voluntary undertaking, or by the law on the ground of public policy or utility; as, for example to perform one s contract or to refrain from committing a trespass. See 8 Harvard L Rev 200 … Ballentine's law dictionary
primary franchise — The franchise of corporate existence; the result of a grant of special privileges to the incorporators which enables them to act for certain designated purposes as a single individual and exempts them unless otherwise specially provided, from… … Ballentine's law dictionary
