LAW 201 Lecture Notes - Lecture 10: Bsc Young Boys, Contributory Negligence, Strict Liability
Document Summary
It is a civil wrong between individuals for which the victim can get some legal remedy in the private law system. Defences? i. e. contributory negligence: not my fault! Its your fault: you asked for it because you didn"t wear the proper equipment. Remember considerations: probability of loss, gravity of loss, burden of accident prevention. It not what you know, it is what the reasonable person knows. Insurance drives torts: will is in a severe car accident. He needs the following now for as long as he will this would be about or over 9. 8 mil. Insurance limits arer caps on tort damages: claims shaped to match available insurance. Insurers are repeat players; tort becomes management of aggregate insurance costs. Imagine having a very bad day at queens. Damages framework: functional: cost of future care, lost earning capacity, financial considerations, non-pecuniary losses, replacement of household services, replacement of household services, special damages.