Duty in United States
Practical Information
Note: Some of this information was last updated in 1982
Conduct obligated to be performed by one person to another. In ton law, duty is legally sanctioned. A breach (in U.S. law) of duty results in the liability of the actor. In tax law, a duty is a tax levied on imports and exports.
What is Duty?
For a meaning of it, read Duty in the Legal Dictionary here. Browse and search more U.S. and international free legal definitions and legal terms related to Duty.
Duty meaning
Legal or moral obligation. When recognised as a legal obligation the precondition for all torts.
Rasmussen v. Prudential lns. Co., 277 Minn. 266, 152 N,W.2d 359, 362.
Concept of Duty in Foreign Trade
A definition of Duty in relation with foreign trade is provided here: A charge imposed on the import of goods. Duties are generally based on the value of the goods (ad valorem duties), some other factor, such as weight or quantity (specific duties), or a combination of value and other factors (compound duties).
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