Warning
Info
Warning
Info
Simple English definitions for legal terms
implied assumption of the risk
Read a random definition: Sarbanes-Oxley Act
A quick definition of implied assumption of the risk:
Implied assumption of the risk is when someone takes part in an activity knowing that there is a risk involved. This means that they cannot later sue for any injuries or damages that occur as a result of that activity. Implied authority, implied bias, implied coercion, implied color, implied condition, implied confession, implied consent, implied consideration, implied contract, implied covenant, implied covenant of good faith and fair dealing, implied crime, implied dedication, implied duty of cooperation, implied easement, implied in fact, implied-in-fact condition, implied-in-fact contract, and implied in law are all legal terms that refer to things that are assumed or inferred based on the circumstances of a situation, rather than being explicitly stated or agreed upon.
A more thorough explanation:
Implied assumption of the risk is when someone participates in an activity or uses a product, knowing that there is a risk involved. This can be inferred from their actions, even if they did not explicitly acknowledge the risk.
For example, if someone goes skiing, they are assuming the risk of injury or even death, even if they did not sign a waiver or acknowledge the risk in any way. Similarly, if someone uses a power tool without taking proper safety precautions, they are assuming the risk of injury.
These examples illustrate how implied assumption of the risk can be inferred from someone's actions, even if they did not explicitly acknowledge the risk. It is important to be aware of the risks involved in any activity or product use and take appropriate precautions to minimize those risks.