Typically a consumer will go to the store and reach for a brand. If the consumer grabs the same brand repeatedly, this is almost always habitual buying, not brand loyalty. In these scenarios the consumer's buyer behavior doesn't go through the normal belief-attitude-behavior sequence.
What is 'Liability' A liability is a company's financial debt or obligations that arise during the course of its business operations. Liabilities are settled over time through the transfer of economic benefits including money, goods or services.
Most states require drivers to purchase a minimum amount of liability coverage to protect them from financial disaster after an accident. Liability means responsibility, and it refers to two different types of financial responsibility in an accident: Bodily injury â Damage done to people.