1) taking a chance in a potentially dangerous situation. This is a typical affirmative
defense in a negligence case, in which the defendant claims that the situation (taking
a ski-lift, climbing a steep cliff, riding in an old crowded car, working on the
girders of a skyscraper) was so inherently or obviously hazardous that the injured
plaintiff should have known there was danger and took the chance that he/she could
be injured. 2) the act of contracting to take over the risk, such as buying the
right to a shipment and accepting the danger that it could be damaged or prove unprofitable.
law dictionary, legal
dictionary, online law dictionary, legal terms dictionary,
online legal dictionary, legal definition, legal
terms and definition, Best online Dictionary, Law
Dictionary Software, Download Law Dictionary, law
dictionary, legal dictionary, online law dictionary,
legal terms dictionary, online legal dictionary,
legal definition, legal terms and definition, Best
online Dictionary, Law Dictionary Software, Download
Law Dictionary
