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Today's Terms
Subrogation
Definition:
A process by which a third party is put in the place of a creditor so that the rights and securities of the creditor pass to that third person.
Comparative negligence
Definition:
The doctrine of comparing degrees of fault among the responsible parties.
Tort Liability
Definition:
The defendant must owe a legal duty to the victim, the defendant breached that duty, the breach was the cause of an injury to the victim, there must be an injury. In most cases, there must be a physical or financial injury to the victim, but sometimes emotional distress, embarrassment, or dignitary harms are adequate for recovery.
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