Examlex
Though politically controversial, outsourcing can save companies significant costs and is very profitable for firms that specialize in providing these services on a contract basis.
Implied Warranty
A legal assumption that a product will meet the standards of acceptability and usability without explicit statement by the seller.
Res Ipsa Loquitur
A doctrine that allows a judge or jury to infer that, more likely than not, the defendant’s negligence was the cause of the plaintiff’s harm even though there is no direct evidence of the defendant’s lack of due care.
Negligence
A failure to behave with the level of care that someone of ordinary prudence would have exercised under the same circumstances.
Strict Liability
A legal principle holding an individual or entity responsible for damages or injuries caused by their actions or products, regardless of negligence or intent.
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