Argument for and against Breach Flashcards
Duty of care rule
Every person has a duty to use reasonable care to avoid injury
Learned Hand Formula for breach:
Burden of adequate precautions < probability of injury x how serious are these injuries
Learned Hand Rule
It is unreasonable to not take a precaution when the probability of severe harm outweighs the cost of the burden
Economic approach to tort law
Only if the defendant is the cheapest cost avoider
Transactional cost
The costs that entities incur by satisfying a burden in liability
Informational cost
The costs that entities incur based on its knowledge of satisfying a burden in liability.
We have a right to expect others to act with duty and care.
True
Evidence of custom can be relevant in determining breach but is not conclusive. True or False?
True