Chapter 3 worksheet: Legal liability and insurance
What insurances are necessary for an individuals protection?
-health insurance -secondary insurance -medical insurance
Medical insurance
A contract between an insurance company and policy holder
Product liability
A written guarantee that athletic equipment is safe
Act of commission
Committing an act that is not legally his/hers to perform
Misfeasance
Occurs when an individual improperly does something he or she has the legal right to do Ex: a cop arresting someone without reading them their Miranda rights
HMO (Health maintenance organizations)
Provide preventative care and limit where individuals can receive treatment
Statue of limitations
a specific length of time in which an individual may sue
Assumption of risk
acknowledgement of hazards in sports
Tort
legal wrong
litigation
process of taking legal action
Negligence
results in unreasonable risk of harm to others
Define liability
the legal responsibility for the harm one causes to another person
Malfeasance
when an individual commits an act that is not legally his or hers to perform Ex: opening someones mail
Nonfeasance
when an individual fails to perform a legal duty Ex: Not showing up to court
