Chapter 11 Flashcards
Negligence
a careless act that causes harm to another
Result
not all injuries or damage will be compensated
Reasonable care
the care that a reasonable person would exhibit in a similar situation
Reasonable person
the standard used to judge whether a person’s conduct in a particular situation is negligent
Remoteness of damage
whether the actual harm suffered was reasonably foreseeable or not
Thin skull rule
the principle that a defendant is liable for the full extent of a plaintiff’s injury even where a prior vulnerability makes the harm more serious than it otherwise might be
Pure economic loss
financial loss that results from a negligent act where there has been no accompanying property or personal injury damage to the person claiming the loss
Professional
someone engaged in an occupation, usually governed by a professional body, requiring the exercise of special knowledge, education and skill
Third party
one who is not a party to an agreement
Product liability
liability relating to the design, manufacture, or sale of the product
Strict liability
the principle that liability will be imposed irrespective of proof of negligence