RMIN 317 Lecture Notes - Lecture 2: Comparative Negligence, Contributory Negligence, Life Insurance

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Common law decisions; it has not been enacted by a legislative body. Acts that cause losses to another individual, but for which society has a less direct interest. Interprets contracts provisions and resolves disputes between. Contract contractual parties, such as when one party is harmed as a result of another party"s failure to fulfill its contractual obligations. If you cause an accident while driving you are liable to the other driver for. Personal liability damages (injury and property damages) Product liability: the manufacturer is liable for damages. Some institutions and persons are immune from liability from certain types of actions. Refer to compensation to the plaintiff for monetary losses. Medical expenses, lost wages, the value of lost services from bodily injuries. Pain and suffering, loss of consortium/companionship with an injured or deceased spouse, and emotional distress from the death of a family member. They recklessly or willfully disregarded the risk of harm to the plaintiff oppressive, and high handed.

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