obligable

Obligable is an adjective used to describe something that is subject to an obligation. An obligation is a legal or moral commitment to do or refrain from doing something. When an entity, such as a person, company, or government, is obligable, it means they have a duty or responsibility to fulfill a certain requirement or perform a specific action. This obligation can arise from various sources, including contracts, laws, agreements, or moral principles. For instance, a borrower is obligable to repay a loan according to the terms of the loan agreement. Similarly, a company might be obligable to pay taxes to the government. The concept of obligability is central to many legal and ethical frameworks, as it defines the responsibilities and duties that individuals and organizations owe to others. Failure to meet an obligable duty can often lead to consequences, such as legal penalties or reputational damage. The scope and nature of what is obligable depend heavily on the specific context and the governing rules or agreements.