LIability risk, Risk Management

Assignment Help:
Michael went deer hunting with Ed. After seeing bushes move, Michael quickly fired his rifle at what he thought was a deer. However, Ed caused the move- ment in the bushes and was seriously injured by the bullet. Ed survived and later sued Michael on the grounds that “Michael’s negligence was the proximate cause of the injury.”

a. Based on the above facts, is Michael guilty of negligence? Your answer must include a definition of negligence and the essential elements of negligence.

b. Michael’s attorney believes that if contributory negligence could be established, it would great linfluence the outcome of the case. Do you agree with Michael’s attorney? Your answer must include a definition of contributory negligence.

c. If Michael can establish comparative negligence on the part of Ed, would the outcome of the case be changed? Explain your answer.

d. Assume that Michael and Ed are hunting on farmland without obtaining permission from the owner. If Michael fell into a marshy pond cov- ered by weeds and injured his back, would the property owner be liable for damages? Explain your answer.

Related Discussions:- LIability risk

Explain the risk management strategies, Explain the Risk management strateg...

Explain the Risk management strategies Retain the risk If risk is small and won't affect company's profits, company does very little and lives with i

Differentiate between implied and historical volatility, Question 1: (a...

Question 1: (a) What are the distinct types of assets under which derivatives can be based upon? (b) Give at least 5 risks that justify the existence of derivatives? Endorse

Evaluation and management of risk, Evaluate the outcomes of risk management...

Evaluate the outcomes of risk management strategies The scope of strategic risk management evaluation The elements of a strategic risk management control system Issues

New student, what are the risk in management when you don''t have a fix pla...

what are the risk in management when you don''t have a fix plan of what you want o accomplish?

Futures Contracts, An Australian company purchases wheat on a regular basis...

An Australian company purchases wheat on a regular basis and is concerned about rising grain prices. It is now June and the company is in the process of planning their October whea

Requirements to make a risk assessment useful in practice, Question: (a...

Question: (a) The site engineer of a building and civil engineering company, employing one hundred and ten employees on a five-storey building project, has decided to carry ou

Risk and Return – Stock Valuation, The Case: Recently after graduating from...

The Case: Recently after graduating from Local Business College (LBC), you have started your own investment consultancy firm – Prudent Consultants (PC’s) to earn your livelihood. M

#title, DQ #1: How has fair value accounting challenged leveraged instrumen...

DQ #1: How has fair value accounting challenged leveraged instruments? DQ #2: What are the fair value standards that need to be followed in the U.S. under GAAP and international

Decisions in sales promotion, the importance of determining the policy on y...

the importance of determining the policy on your image?

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd