A legal obligation refers to a duty or responsibility that is imposed by law and must be fulfilled. It can take many forms, such as contractual agreements, court orders, statutory requirements, or rules set forth by regulatory bodies. When an individual or entity has a legal obligation, it means they are legally bound to adhere to the specific terms of that obligation and may face consequences if they fail to do so. In essence, a legal obligation is something that must be honored according to the dictates of law.