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assumption of risk

assumption of risk logo #21003(from the article `insurance`) In common-law countries such as the United States and the United Kingdom, three defenses may be used in a negligence action. These are assumed risk, ... Contributory negligence should be distinguished from several other doctrines often applied in negligence cases: assumption of risk, which relieves ... ...
Found on http://www.britannica.com/eb/a-z/a/115

Assumption Of Risk

Assumption Of Risk logo #21213(n) Assumption Of Risk is the notional acceptance of the hazard or danger associated with an activity by accepting, following or otherwise doing or attempting to do such activities. Eg.1.Participating is ski diving excercises.2. Snake charming 3.Trading in futures.
Found on http://www.encyclo.co.uk/local/21213

Assumption Of Risk

Assumption Of Risk logo #21212A defense raised in personal injury lawsuits. Asserts that the plaintiff knew that a particular activity was dangerous and thus bears all responsibility for any injury that resulted.
Found on http://www.lectlaw.com/def/a083.htm

Assumption Of Risk

Assumption Of Risk logo #226421) An affirmative defense in a negligence case, in which the defendant claims that the situation (taking a ski-lift, climbing a steep cliff) was so inherently or obviously hazardous that the injured plaintiff must have known of the risk, but took the chance of being injured. 2) The act of contracting to take over a risk, such as buying the right to...
Found on http://www.nolo.com/dictionary/assumption-of-risk-term.html
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