derivative liability

Liability for a wrong that a person other than the one wronged has a right to redress.

• Examples include liability to a widow in a wrongful-death action and liability to a corporation in a shareholder’s derivative suit.

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词条贡献者

资深译员Lorna，毕业于一所培养高级翻译以及跨文化事务专家的精英大学，专注翻译各种与房地产投资信托有关的法律文件。