cpcu530 ch 10

36 cards

tort law- special liability and litigation concepts


 
  
Created Oct 4, 2010
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1
products liability
 
a manufacturer's or seller's tort liability for harm suffered by a buyer, user or bystander...
2
MacPherson doctrine
 
a court ruling extending a manufacturer's liability beyond the immediate purchaser of an article...
3
strict liability or absolute liability
 
liability that arises from the inherently dangerous activities resulting in harm to another,...
4
implied warranty of merchantability
 
a warranty representing to the buyer that merchandise is reasonably fit for the general purpose...
5
state of the art
 
the highest level of pertinent product scientific knowability, development, and technical knowledge...
6
passive negligence
 
a plaintiff's failure to discover a product defect or to guard against a possible defect
7
active negligence or assumption of risk
 
a plaintiff's voluntary use of a defective product with knowledge of the potential danger resulting...
8
toxic tort
 
a civil wrong arising from exposure to a toxic substance. Does not refer to a specific tort...
9
environmental law
 
the body of law that deals with the environment's maintenance and protection
10
superfund
 
a program established by the comprehensive environmental response, compensation and liability...
11
potential responsible parties (PRP's)
 
those parties CERCLA defines as having potential liability and the duty to clean up a superfund...
12
commerical general liability (CGL)
 
insurance that covers many of the common liability loss exposures faced by an organization,...
13
occurance based policy
 
insurance policy that provides coverage for occurrences that happen within the policy period...
14
nominal damages
 
a small sum awarded by a court to acknowledge that the plaintiff has suffered legal wrong,...
15
special damages
 
compensatory damages for actual losses that the plaintiff claims resulted from the defendant's...
16
loss of wages and earnings
 
the compensatory damages to compensate a plaintiff for any loss of income directly related...
17
general damages
 
compensatory damages that do not have an economic value and that are presumed to follow from...
18
pain and suffering
 
physical pain, including that not connected to a physical injury
19
emotional distress
 
a highly unpleasant mental reaction resulting from another person's conduct for which a court...
20
bad-faith damages
 
the damages awarded by a court when the defendant has engaged in unreasonable conduct either...
21
survival statute
 
a statute that preserves the right of a person's estate to recover damages that person sustained...
22
joint tortfeasors
 
2 or more parties who are jointly responsible for committing a tort
23
contributions
 
the right of a tortfeasor who has paid more than his or her proportional share of the damages...
24
enterprise liability or industry wide liability
 
an expanded liability concept requiring each member of an industry responsible for manufacturing ...
25
alternative liability
 
an expanded liability concept that shifts the burden of proof at each of several defendants...
26
market share liabiilty
 
an expanded liability concept that applies when a product that has harmed a consumer cannot...
27
concert of action
 
an expanded liability concept that applies when all defendants acted together or cooperatively
28
conspiracy
 
an expanded liability concept that applies when two or more parties worked together to commit...
29
family purpose doctrine
 
a liability concept that holds the owner of an automobile kept for the family's use vicariously...
30
mass tort litigation
 
a class action suit based on tort law rather than on contract law. Cases such as tobacco, asbestos,...
31
statute of limitations
 
a statute limiting the time for filing a suit, starting from the time the cause of action accured
32
statute of repose
 
a statute that requires a plaintiff to file a lawsuit within a specific time after a specific...
33
scientific knowability
 
this technological feasibility of producing a safer product based on existing knowledge
34
defenses against both negligence and strict liability for products
 
1. state of the art defense 2. compliance with stautes and regulations defense 3. compliance...
35
a court can award punitive damages only in the following situations (2)
 
1. the defendant actually intended to cause harm2. the defendant acted oppressively, maliciously...
36
To asses punitive damages, courts usually consider the following three factors
 
1. nature of the defendants actions2. size of the defendants assets3. purpose of punitive damages

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