Learn about robbery, a felony crime that involves the taking of someone's property through force or implied threat of force. Discover legal definitions and implications.
Explore the concept of a tort, a civil wrong committed against another for which legal liability can be assigned, including acts of negligence or omission.
Learn about fraud, a form of dishonesty and deception intended to achieve personal gain at the expense of another individual or company. Discover its implications, examples, and how it is addressed legally.
Explore the legal concept of imputed acts where actions performed by an agent are considered those of the principal. Learn how imputed liability works in various legal scenarios.
Explore the principle of 'Last Clear Chance' in legal terminology, which holds individuals liable if they had a final clear opportunity to avoid an accident and failed to act.
Learn about the Parol Evidence Rule, a critical legal principle that ensures contracts cannot be altered by verbal agreements. Discover its importance in upholding the integrity of written contracts.
Explore the concept of a rehearing in legal contexts, which serves to address and correct errors from a first hearing. Learn how it functions within the judicial system.
Learn about 'Damages' in legal terminology, which refers to the total monetary amount needed to compensate for a loss. Find out its significance in the context of insurance, compensation, and legal claims.
Learn what embezzlement means in legal terms. Find out how the illegal use of funds or property entrusted to someone's care is defined and what legal implications it carries.
Learn about the term 'Licensee' in legal terminology, which refers to a person authorized to enter another's property for personal gain. Understand the property owner's responsibilities towards a licensee.
Explore the legal doctrine of Res Ipsa Loquitur, the concept under which a person is deemed negligent if they had total and sole control over circumstances leading to an injury.
Learn about subrogation, a legal principle allowing an insurer to assume the rights of the insured to collect from a third party. Discover its applications and exceptions in insurance.
Learn about subrogation release in general insurance - a mechanism where the insurer gains the insured's rights to collect from an entity responsible for the loss. Understand its implications and how it operates.
Learn about the contract in general insurance terms, which is the agreement between the insured and the insurer, outlining the trade of consideration for benefits and services.
Learn about the term 'Directed Verdict' in legal contexts, where a verdict is awarded to the defendant due to the plaintiff's failure to substantiate their case.
Learn about the term 'Parol' used in legal proceedings to designate an oral statement, as opposed to a written one. Understand its implications in the legal context.
Explore the concept of quasi-contract, a legal mechanism used when no written contract exists, yet the situation is treated as if a contract is present. Learn how this concept applies and its implications in contractual law.
Learn about strict liability in liability insurance, a form of liability that affects manufacturers and merchandisers due to defective products. Understand how liability applies without negligence and what is needed to prove a product is dangerously defective.
Discover the concept of absolute liability in general insurance, where individuals are held responsible for extremely dangerous actions regardless of negligence. Learn how this differs from other forms of liability and its implications on public policy.
Explore the concept of comparative negligence in tort law. Learn how both parties' contributions to an accident are evaluated and assigned proportional responsibility in specific states.
Learn about the concept of discrimination in general insurance terms. Discover why the law prohibits the refusal to insure individuals with the same characteristics as others who have been insured.
Explore the concept of gross negligence in legal terminology, where negligence is considered intentional. Learn its implications, differences from ordinary negligence, and legal consequences.
Discover how plain language laws mandate that legal documents be written in straightforward, easy-to-understand language, ensuring clarity and reducing confusion.
Learn about the term 'Remand' used in appellate courts, which refers to returning a case to its original court for further action. Discover its significance and implications.
Learn about the concept of bailment, a legal term referring to the temporary entrustment of property to another person. Understand its implications and applications.
Learn about breach of contract, a common legal issue where one party fails to fulfill their contractual obligations, and its implications in law and insurance.
Compulsory insurance refers to types of insurance coverage that are mandated by law such as automobile insurance. Learn what it means, why it's required, and common examples.
Explore the intricacies of dram shop laws, a liability law governing the serving of alcohol and its consequences. Learn how individuals and establishments could be held responsible for intoxication-related injuries and damages.
Explore the definition of slander in legal terminology, a statement that is injurious to the person it was said about. Learn about the implications and penalties associated with slander.
Learn about the Rule Against Perpetuities, a vital legal concept ensuring that trust beneficiaries get vested in property within 21 years to maintain validity.
Learn what it means when an insurance policy is void and no longer enforceable. Understand the legal implications and scenarios where this might occur.
Learn about theft in the criminal justice context, encompassing all forms of stealing such as robbery and burglary. Get insights into the definitions, differences, and legal implications of theft-related crimes.
Explore comprehensive definitions, etymologies, synonyms, antonyms, facts, quotes, government regulations, references, and quizzes related to insurance terms. Ideal for professionals, students, and enthusiasts.