assumption of risk
- 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
- By participating in the extreme sport event, the athletes accepted the assumption of risk.
- The shipping agreement included an assumption of risk clause for any potential damage to the products.
- Despite the storm warnings, he went sailing and it was a clear case of assumption of risk when his boat capsized.