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Risk Management
definitions
35
Management
Undergraduate 1
04/21/2016

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Term
Affirmative Defense
Definition
A defendant's defense to a claim that may include assumption of risk, duress, statute of limitations or failure of contract.
Term
EXCULPATORY LANGUAGE
Definition
Language in an agreement designed to make the participant waive or appear to waive any legal rights, or that appears to release the program/provider from liability for negligence.
Term
INDEMNITY LANGUAGE
Definition
Language that attempts to require a participant to reimburse the provider should another parIty bring a claim.
Term
IN LOCO PARENTIS
Definition
The provider takes the "place of the parent".
Term
LAWS OF CONSORTIUM
Definition
Damages may be sought by a spouse whose husband or wife has been hurt or killed by another.
Term
RESPONDENT SURESPERI
Definition
Let the master answer" for the acts of an employee acting within their scope of employment.
Term
CONTRIBUTORY NEGLIGENCE
Definition
Refers to the percentage by which awards may be reduced based upon the risk assumed by the participant.
Term
COMPARATIVE FAULT
Definition
Allows a court to determine the defendant's fault/negligence and the plaintiff's contributory fault/negligence.
Term
TORT
Definition
A wrong doing against a person who suffers damages.
Term
INTENTIONAL TORT
Definition
Assault, fraud, slander, misrepresentation.
Term
UNINTENTIONAL TORT
Definition
Wrong doings based on negligence.
Term
APPEAL
Definition
Action taken by a party disappointed with the lower court's ruling, seeking a higher courts review.
Term
AFFIRM OR APPROVE
Definition
The higher courts treatment of a lower court's ruling to allow that lower court ruling to stand.
Term
CIVIL LAW
Definition
The law that applies to private wrongs. Violations result in an award of money -A defendant may be sued, but not incarcerated.
Term
CRIMINAL LAW
Definition
The law that applies to public wrongs. This law is defined by federal or state statutes. Violations result in incarceration or payment of a fine.
Term
DEFENDANT
Definition
The party who is sued for wrong doing.
Term
PLAINTIFF
Definition
The party who brings the lawsuit.
Term
DISMISS
Definition
To end a lawsuit, sometimes reserving the right to bring it again.
Term
INHERENT RISKS
Definition
Risks integral to a recreational activity that cannot be el.m.nated without destroying the unique character of the activity. Moguls, Whitewater, falling rocks, weather.
Term
JURISDICTION
Definition
Describes the limits of the power of a court to deal with a controversy, or the geographic boundaries of a court.
Term
SETTLEMENT
Definition
A negotiated resolution of a lawsuit usually before the trial.
Term
STATUTE
Definition
A written U.S. law passed by legislature.
Term
SUMMARY JUDGEMENT
Definition
A ruling of a court disposing of a case, without trial, if the material facts are not disputed and the law clearly favors the party seeking summary judgement.
Term
NEGLIGENCE
Definition
Failure to exercise reasonable care.
Term
GROSS NEGLIGENCE
Definition
The doing of an act with the absence of even slight diligence.
Term
WILFUL AND WANTON MISCONDUCT
Definition
Conduct in which a defendant exhibits a conscious disregard for the safety of others. Can involve an element of intent.
Term
ACCIDENT
Definition
An unplanned, potentially dangerous occurrence resulting in injury, property loss or near miss.
Term
NEAR MISS
Definition
An incident that did not result in injury, illness or damage, but had the potential to.
Term
RISK
Definition
A term applied to the individual or combined assessments of the probability of loss and potential amount of loss.
Term
ASSUMPTION OF RISK
Definition
An agreement with a participant wherein the participant acknowledges awareness of certain risks inherent in the activity.
Term
RISK MANAGEMENT
Definition
The systematic application of management policies, standards, and procedures to identify, analyze, assess, treat, and monitor risk.
Term
DUTY OF CARE
Definition
An obligation to act toward others and the public with the degree of watchfulness and prudence that a reasonable person in similar circumstances would have.
Term
INDUSTRY STANDARD
Definition
Established rules and generally accepted operating procedures, practices, and requirements defined by national associations and leading outdoor organizations.
Term
POLICY
Definition
Binding, overarching safety directives designed to influence and determine safety related decisions.
Term
SAFETY
Definition
The control of recognized hazards to attain an acceptable level of risk.
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