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Risk - Law Dictionary Search Results

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Rash act

in the sense that it was done without due care and caution. Culpable rashness lies in running the risk of doing an act with recklessness and with indifference as to the consequences. Criminal negligence is the failure

Perished goods

and subsequently the goods, without any fault on the part of the seller or buyer, perish before the risk passes to the buyer, the agreement is thereby avoided.'-Sale of Goods Act, 1893, ss. 6, 7. See IMPOSSIBILITY.

Perils of the sea

word peril, like periculum, Lat., from which it is derived, is in itself ambiguous, and sometimes denotes the risk of inevitable mischance, and sometimes the danger arising from the want of due circumspection, Jones on Bailments, 98

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Order of Course

and to which a party is entitled a of right on his own statement and at his own risk (R.S.C. 1883, App. N,, No. 195).

Occupational hazard

Occupational hazard, means a danger or risk that is peculiar to a particular calling or occupation. Occupational hazards include both accidental injures and occupational diseases,

Negligence

and professing to have that special skill. A man need not possess the highest expert skill at the risk of being found negligent. It is well-established law that it is sufficient if he exercises the ordinary skill

Misbranded

does not contain a warning or caution which may be necessary and sufficient, if complied with, to prevent risk to human beings or animals; or (iv) if any word, statement or other information required by or under

Lloyd's

Lloyd's Act, 1871 (34 & 35 Vict. c. xxi.), incorporates and regulates Lloyd's. Besides marine insurance, almost any risk can be covered there, and by the Assurance Companies Act,1909 (9 Edw. 7, c. 49), ss. 28 and

LDL

lipoprotein a lipoprotein that transports cholesterol in the blood high levels are thought to be associated with increased risk of coronary heart disease and atherosclerosis sometimes called informally bad cholesterol

ultrahazardous

ultrahazardous : being of such extreme danger or risk of harm that strict liability will be imposed

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