assumption of risk

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English-russian accounting dictionary. 2014.

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  • assumption of risk — as·sump·tion of risk: a doctrine that a person may in advance relieve another person of the obligation to act towards him or her with due care and may accept the chance of being injured; also: an affirmative defense that the plaintiff cannot… …   Law dictionary

  • Assumption of risk — is a defense in the law of torts, which bars a plaintiff from recovery against a negligent tortfeasor if the defendant can demonstrate that the plaintiff voluntarily and knowingly assumed the risks at issue inherent to the dangerous activity in… …   Wikipedia

  • assumption of risk — The doctrine of assumption of risk, also known as volenti non fit injuria, means legally that a plaintiff may not recover for an injury to which he assents, i.e., that a person may not recover for an injury received when he voluntarily exposes… …   Black's law dictionary

  • assumption of risk — A defense against liability for negligence which is based upon the principle that one who knows, appreciates, and deliberately exposes himself to a danger assumes the risk thereof. 38 Am J1st Negl § 171. An employee by his very act of entering… …   Ballentine's law dictionary

  • assumption of risk — a rule of common law that an employee entering upon employment assumes risks of injury incident to such employment …   Useful english dictionary

  • voluntary assumption of risk — See assumption of risk …   Ballentine's law dictionary

  • secondary assumption of risk — Such occurs when individual voluntarily encounters known, appreciated risk without an intended manifestation by that individual that he consents to relieve another of his duty. Calvert v. Garvey Elevators, Inc., 236 Kan. 570, 694 P.2d 433, 437 …   Black's law dictionary

  • risk — n 1 a: possibility of loss or injury b: liability for loss or injury if it occurs the risk of loss passes to the buyer when the goods are duly delivered to the carrier Uniform Commercial Code the risk of personal injury and property damage should …   Law dictionary

  • assumption — I (adoption) noun acceptance, acquisition, receiving, reception, recipience, selection, taking on, undertaking associated concepts: assumpsit on quantum meruit, assumption agreement, assumption of debt, assumption of facts, assumption of… …   Law dictionary

  • risk — In insurance law, the danger or hazard of a loss of the property insured; the casualty contemplated in a contract of insurance; the degree of hazard; a specified contingency or peril; and, colloquially, the specific house, factory, ship, etc.,… …   Black's law dictionary

  • Risk neutral — In economics, risk neutral behavior is in between risk aversion and risk seeking. If offered either 50 EUR or a 50% chance of 100 EUR, a risk averse person will take the 50 EUR, a risk seeking person will take the 50% chance of 100 EUR, and a… …   Wikipedia


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