BU477 Lecture Notes - Lecture 5: High Standard Manufacturing Company, Fiduciary, Misfeasance
Document Summary
Chapter 5, negligence, professional liability, and insurance. Learning objectives: when you complete chapter 5, you should be able to: Identify the four elements of a negligence claim. State when a duty of care arises, explaining how courts determine whether it is owed. Describe breach of the standard of care, identifying the test used to determine if a breach has occurred. Explain how both physical and legal causation are proven. Identify the types of damage or loss that the courts have recognized as compensable. Distinguish the defences applicable to the tort of negligence. Clarify when product liability may be imposed. Describe the circumstances where professional liability may arise. Define four types of insurance businesses commonly need. Explain the significance of insurance being a contract of utmost good faith. Identify the duties imposed on the insured and the insurer: negligence. Inadvertent, careless conduct that causes injury to another. Important area of tort liability for professionals: negligence: it"s a,b,c, and d, essential elements:
