Knowledge Tree
liability
Facts (10)
Sources
The Impact of Cognitive Biases on Professionals' Decision-Making frontiersin.org 4 facts
referenceS. S. Diamond, M. J. Saks, and S. Landsman published 'Jurors judgments about liability and damages: sources of variability and ways to increase consistency' in the DePaul Law Review in 1998.
measurementIn a review of 1,004 anesthesia-related negligence cases, courts imposed liability on the defendant in over 40 percent of cases, even though the physician had acted appropriately.
claimJurors assessing liability or negligence in retrospect tend to rate the negligence of a defendant higher because they possess knowledge of the negative outcome, making the outcome seem more foreseeable.
referenceKamin and Rachlinski (1995) explored the 'hindsight bias' by demonstrating that individuals struggle to separate ex post knowledge from ex ante perspectives when determining liability.
Open-source license - Wikipedia en.wikipedia.org 3 facts
claimUsers of free software are required to accept the disclaimer of warranty and liability as a condition of use.
claimPermissive licenses, such as the MIT license, explicitly disclaim warranty and liability for the software.
claimCopyright waivers cannot impose a disclaimer of warranty or liability because public domain content is available to everyone without a formal license agreement.
Understanding the Four Pillars of Personal Finance - Spero Financial spero.financial 1 fact
claimA vehicle is considered a liability rather than an asset if the balance on the car loan exceeds the current value of the car, a state known as being "under water" on the loan.
Social Epistemology - Stanford Encyclopedia of Philosophy plato.stanford.edu Feb 26, 2001 1 fact
accountIn the doctrinal paradox example provided by the Stanford Encyclopedia of Philosophy, a court of three judges evaluates liability based on two premises (obligation and action) where liability is true if and only if both premises are true; however, when using majority rule for each proposition, the group can arrive at a logically inconsistent conclusion where the premises are accepted but the conclusion is rejected.
Pros and Cons of DIY Car Maintenance - Rob Levine Law roblevine.com May 27, 2014 1 fact
claimIndividuals who perform their own car repairs assume the liability for damages if those repairs cause an accident.