What does it mean if a party is held absolutely liable?

When a party is held absolutely liable, it means that they are responsible for damages without the need for the other party to prove negligence or intent to harm. This form of liability is often applied in situations where inherently dangerous activities or conditions exist, or where specific statutes impose strict liability.

For example, if a construction company is working with hazardous materials, and an accident occurs that results in damage, they can be held absolutely liable even if they took all reasonable precautions and did not intend to cause any harm. The rationale behind absolute liability is public safety and the idea that those who engage in risky activities should bear the consequences, thereby providing compensation to those who suffer harm as a result.

The other options mention conditions around proving negligence, due diligence, or limiting liability, which do not align with the concept of absolute liability, as it does not require proof of fault and does not allow for defenses based on the exercising of care or limiting damages.