LAW 122 Chapter Notes - Chapter 3: Vicarious Liability
21 Sep 2016
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Document Summary
Trot generally consists of a failure or fulfill a private obligation that was imposed by law. Can be compared with a crime, but occurs when a person breaks a private obligation. Tortfeasor a person who has committed a tort. Liability insurance is a contract in which an insurance company agrees in exchange for a price, to pay damages on behalf of a person who incurs liability. Duty to defend requires the insurance company to pay the expenses that are associated with lawsuits brought against the insurance party. Compensatory function aims to fully compensate people who are wrongfully injured. Deterrence function discourages people from committing torts by threatening to hold them liable for the losses they cause. Vicarious liability occurs when one person is help liable for a tort that was committed by another person. Independent contractor is a worker who is not as closely connected to the employer"s business as in an employee.
