Law 2101 Study Guide - Quiz Guide: Vehicle Insurance, Tort, Vicarious Liability
Document Summary
Tort law: tort is a wrongful act which is ground for a legal action for damages. Liability can be subject to limitations due to factors like causation or contributory negligence. Fault liability: fault liability applies when a person is liable for damages wrongfully caused to another. Strict liability: strict liability exists when someone is liable for actions not caused by themselves, two kinds of liability, for damage caused by someone else"s act, for damage caused by a defective or dangerous thing or activity. Liability without tort-feasor: cases where there is no link between fault and liability, reasons for strict liability, protection for the injured party. Incentive for improving safety: better options for insurance, easier to determine liability (thus less procedural costs) Insurance: mitigates strict liability, distribution of damage over a larger group of individuals, can be voluntary (e. g. life insurance) or mandatory (e. g, can be voluntary (e. g. life insurance) or mandatory (e. g. car insurance)
