RMI-4347 Chapter Notes - Chapter 12: Absolute Liability, Punitive Damages, No Liability
9 Apr 2019
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Is usually the result of statutes, covers acts against the state: civil law, deals with acts that cause losses to another individual, but for which the state has a less direct interest, contract law. Interprets contractual provisions and resolves disputes between contractual parties: tort law, deals with wrongs done to someone where a contract does not govern the interaction that caused the harm. If the injury would not have occurred but for the defendant"s action, then the defendant"s action is the proximate cause of the injury. Injury to plaintiff: defenses to negligence, assumption of risk, defendant must prove that the plaintiff voluntarily assumed a known risk, contributory and comparative negligence, contributory negligence standard. If the tort liability system systematically awards accident victims" higher compensation for product-related injuries, then the prices of products would increase. If the tort liability system systematically awards greater compensation to automobile accident victims, then liability insurance premiums will increase.
