Page 115 - RISK Management IC86 Ebook

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n Definitions of liability
l moral / legal
l contract / cost
l statute
l different jurisdictions

n Is liability limited ? In what circumstances ?

n Consider the circumstances / situation e.g.
l activity / operation
l product / service
l use / misuse
l location

(Always look at the worse circumstances)

n How does liability arise ?
l failure to discharge duty of care or meet defined
standard, and
l resulting event, and
l resulting loss due to failure, and
l plaintiff willing to sue and (where necessary) able to
prosecute

n When will legal award be made?

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