6/15 - Part I

Question 1

What is Lack of Privity?

Answer 1

A defense in product liability cases, alleging that no liability exists because NO CONTRACTUAL RELATIONSHIP EXISTS between the manufacturer or vendor and the injured party.
*Lack of privity can be a viable defense against third parties in a common law case of negligence or breach of contract.

Question 2

What is a Tort?

Answer 2

A wrongful act or an infringement of a right (other than under contract) leading to civil legal liability.

Question 3

What does Reduce the Claim to a Judgement mean?

Answer 3

Once a claim has been reduced to judgment, a creditor can then proceed with the necessary steps to execute upon the judgment against the debtor.

Question 4

What is a decree of separate maintenance?

Answer 4

can determine and settle spouses’ financial responsibilities to one another, and the possession and control of property.

Question 5

When can the buyer collect consequential damages?

Answer 5

The buyer can only collect consequential damages when such damage could not reasonably be prevented by cover.