Which term refers to the obligation of one party to provide evidence supporting their claims against another party?

The term that describes the obligation of one party to provide evidence supporting their claims against another party is referred to as the burden of proof. In legal contexts, this concept is crucial, as it determines which party is responsible for presenting sufficient evidence to support their arguments or assertions.

The burden of proof is typically placed on the party making a claim, requiring them to establish their case with credible evidence. This principle is fundamental in litigation and dispute resolution, as it helps maintain a fair process where claims are substantiated by facts rather than mere assertions.

In contrast, claims made wording pertains to the terms used in insurance policies to describe the coverage and conditions under which claims can be made. Class of insurance categorizes different types of insurance products based on specific characteristics or purposes. A captive insurance company is a specialized type of insurance company created to provide coverage for its parent company or group of companies, and is not directly related to the burden of proof in legal claims.