Legal obligations are duties that individuals or organizations are required to follow according to the law. These obligations can arise from various sources, including statutes, contracts, and regulations. Failing to meet these obligations can result in legal consequences, such as fines or lawsuits.
Examples of legal obligations include paying taxes, adhering to safety regulations, and fulfilling the terms of a contract. In many cases, these obligations are designed to protect the rights and safety of individuals and the community, ensuring that everyone acts fairly and responsibly within society.