assumption of risk

Definition of "assumption of risk"
  1. A concept in negligence law where a person knowingly exposes themselves to a potentially hazardous situation or agrees to take on a risk, such as the possibility of a loss or damage
How to use "assumption of risk" in a sentence
  1. By participating in the extreme sport event, the athletes accepted the assumption of risk.
  2. The shipping agreement included an assumption of risk clause for any potential damage to the products.
  3. Despite the storm warnings, he went sailing and it was a clear case of assumption of risk when his boat capsized.

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