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Arm 54 Segment B – Questions & Answers (Expert Verified) $9.49   Add to cart

Exam (elaborations)

Arm 54 Segment B – Questions & Answers (Expert Verified)

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  • ARM 54
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  • ARM 54

Arm 54 Segment B – Questions & Answers (Expert Verified)

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  • October 4, 2024
  • 6
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • ARM 54
  • ARM 54
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LeCrae
Arm 54 Segment B – Questions & Answers (Expert
Verified)

Legal Liability Right Ans - The responsibility imposed by law for an act or
the failure to act.

Tort Right Ans - A wrongful act or ommission, other than a breach of
contract or crime, for which the remedy is usually monetary damages.

3 Broad Torts:
* Negligence
* Intentional Torts
* Strict Liability

Negligence Right Ans - The failure to excercise the degree of care that a
reasonabily prudent person would have excercised under similar
circumstances, to avoid harm to another person or legal entity.

(unintential tort)

4 Elements MUST be met:
* Duty owed
* Duty breached
* Proximate cause
* Damages/ Injury

Common Law Right Ans - A body of principals and rules derived from court
decisions over time.

Statute Right Ans - A written law passed by a legislative body.

Promiate Cause Right Ans - A cause, in a natural and continuous sequence
unbroken by any new and independent cause, produces an event and without
which the event would not have happened.

Compensatory Damages Right Ans - Payment for the losses actually
sustained by the plaintiff.
* Special Damages

, * General Damages

Special Damages Right Ans - Compensatory damages for actual losses that
the plaintiff claims are the result of the defendant's wrongful act or
ommission.
*Covers out of pocket expenses

General Damages Right Ans - Compensatory damages that do not have an
economic value and that are presumed to follow from the type of wrong
claimed by the plaintiff.

* Pain & Suffering
* Mental Anguish
* Bereavement from death of a loved one
* Loss of Confortium

Punative Damages (Exemplary Damages) Right Ans - Damages that are
imposed if the defendant acted recklessly or maliciously to punish the
defendant, to teach the defendant a lesson, or to deter others from engaging in
the same kind of conduct.

Injunction Right Ans - A court order that requires the defendant to stop
doing something or to do something.

Contributory Negligence Right Ans - The plaintiff's own negligence that in
part caused the plaintiff's harm and that prevents the plaintiff from
recoverying damages.

Comparative Negligence Right Ans - The plaintiff's negligence that in part
caused the plaintiff's harm and that proportionally reduces the damages that
the plaintiff recovers.

Assumption of Risk Right Ans - The plaintiff's act of knowingly and
voluntarily accepting the possibility of harm.

Statute of Limitations Right Ans - A statute that sets forth the periods of
time within which various types of legal actions must be brought.

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