Comparative Negligence

question 51

Multiple Choice

Comparative negligence:

• A) has been rejected by most of the states.
• B) allows a comparison of negligence between plaintiff and defendant.
• C) only applies when the plaintiff has signed a release.
• D) is a bar to recovery under common law.

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Definitions:

Titles

Legal documents or designations that signify ownership of property or assets.

Trustee

An individual or organization that holds or manages property, assets, or a trust on behalf of another.

Nonexempt Assets

Assets that a debtor must forfeit to creditors or to a bankruptcy trustee under bankruptcy proceedings, not protected by exemption laws.

Chapter 7

A chapter of the U.S. Bankruptcy Code that involves the liquidation of a debtor's assets to repay creditors.