March 2016
Intermediate to advanced
700 pages
144h 54m
English
Content preview from Principles of Risk Management and Insurance, 13th Edition
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Chapter 19 The Liability Risk
“I was never ruined but twice, once when I lost a lawsuit and once when I won one.”
Voltaire
Learning Objectives
After studying this chapter, you should be able to
Define negligence and explain the elements of negligence.
Explain the following legal defenses that can be used in a lawsuit:
– Contributory negligence
– Comparative negligence
– Assumption of risk
– Last clear chance rule
Apply the law of negligence to specific liability situations.
Explain the defects in the current tort liability system and the proposals for tort reform.
Explain the following tort liability problems:
– Defective tort liability system
– Medical sector liability
– Liability arising from technological and societal change
Bob and Christine ...
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