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FIN 3610 Assignment 8 Name_______________________ Chapter 19 Please remember that you must do your own work. Any plagiarism will result in a grade of zero for all students involved. Please use your own words even if you are using the textbook for answers. Always provide a citation when a reference is used. 1. Briefly define and provide a specific example of each of the following: a. Strict liability b. Imputed negligence c. Res ipsa loquitur d. Attractive nuisance 2. There are several legal defenses that can be used by defendants who are accused of negligence. Discuss four of these and provide a hypothetical example of each. 3. Briefly describe the standard of care to protect others from harm for each of the following liability situations: a. Property owners b. Owners and operators of automobiles c. Governmental units and charitable institutions d. Employers and employees e. Parents and children f. Owners of animals 4. Martin asks his friend Michael to go to a supermarket and purchase some steaks for dinner. While driving Martin’s car to the supermarket, Michael failed to stop at a red light and seriously injured a pedestrian. Explain who is financially responsible for the injuries to the pedestrian as well as for the damage to Martin’s car. 5. Locate and describe a liability case that relates to one of the types of liability discussed in #3 above. Be sure to include the key facts about the case, the year and location of the accident, the outcome of the case including any settlement award. As always, please provide a proper citation for your source.

FIN 3610 Assignment 8                                 Name_______________________

Chapter 19

 

Please remember that you must do your own work. Any plagiarism will result in a grade of zero for all students involved. Please use your own words even if you are using the textbook for answers. Always provide a citation when a reference is used.

 

  1. Briefly define and provide a specific example of each of the following:
    1. Strict liability
    2. Imputed negligence
    3. Res ipsa loquitur
    4. Attractive nuisance

 

  1. There are several legal defenses that can be used by defendants who are accused of negligence. Discuss four of these and provide a hypothetical example of each.

 

  1. Briefly describe the standard of care to protect others from harm for each of the following liability situations:
  2. Property owners
  3. Owners and operators of automobiles
  4. Governmental units and charitable institutions
  5. Employers and employees
  6. Parents and children
  7. Owners of animals

 

  1. Martin asks his friend Michael to go to a supermarket and purchase some steaks for dinner. While driving Martin’s car to the supermarket, Michael failed to stop at a red light and seriously injured a pedestrian. Explain who is financially responsible for the injuries to the pedestrian as well as for the damage to Martin’s car.

 

  1. Locate and describe a liability case that relates to one of the types of liability discussed in #3 above. Be sure to include the key facts about the case, the year and location of the accident, the outcome of the case including any settlement award. As always, please provide a proper citation for your source.