Saturday, April 20, 2019
Working within the Legal Environment Essay Example | Topics and Well Written Essays - 250 words - 1
Working within the Legal Environment - examine ExampleThe Group further defines strict liability tort as those that deals with cases where the defendants are accountable for the injuries that were incurred by the complainants as a result of the defendants actions although he may have performed precautionary measures.Depending on the jurisdiction within which the claim is based, most harvest-time liability claims are based on negligence, strict liability, or fall in of warranty of fitness (Cornell University Law School - Legal Information Institute, 2010). According to the Legal Information Institute, point of intersection liability refers to the liability of any or all parties along the chain of manufacture of any product for damage caused by that product. This includes the manufacturer of component parts (at the top of the chain), an assembling manufacturer, the wholesaler, and the retail store possessor (at the bottom of the chain) (2010).The civil wrong Law Reform affected some Kansas companies in the recent pass. In 1988, the improve placed limits in punitive award at littleer of defendants annual gross income or $5,000,000 (American tort Reform Association, 2007). As an example, in Kansas cases on asbestos litigations, plaintiffs who suffer from delayed onset asbestos-related injuries nowreceive less in punitive damage awards than would have been possible in prior years (Smith, 1999). For an insurance go with such as the State Farm Insurance Company in Kansas, they claim that the effect of the Tort reform on limiting the non-economic cap is small and does not exceed 1% of their total insurance policy losses (Center for Justice & Democracy, n.d.).Center for Justice & Democracy. (n.d.). Industry insiders admit And history shows Tort Reform result not lower insurance rates. Retrieved July 11, 2011, from saynotocaps.org http//www.saynotocaps.org/travestyofcaps/capsdontwork.htmCornell University Law School - Legal Information Institute. (2010, Augu st 19). Products liability. Retrieved
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