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Definitions of Liability
Liability imposed by law on individuals or
corporations to pay for harm done to others. Such law may be common
law, statute law or customs which over a period of time have taken
on the same status as law. Legal liability may also be assumed
under the terms of a contract.
Being legally responsible or obligated, or exposed to
the possibility or likelihood of legal accountability.
Typical Farm Definition
“Farming” means the operation of an agricultural or
aquacultural enterprise, and includes the operation of roadside
stands, on your farm premises, maintained solely for the sale of
farm products produced principally by you. Unless specifically
indicated in the Declarations, “farming” does not include retail
activity other than that described above. |