Definitions for "Assumption of risk"
A doctrine under which a person may not recover for an injury received when he has voluntarily exposed himself to a known danger.
A defense raised in personal injury lawsuits. Asserts that the plaintiff knew that a particular activity was dangerous and thus bears all responsibility for any injury that resulted.
Knowingly and willingly exposing yourself (or your property) to the possibility of harm. In most states, assumption of risk is a defense to negligence. Class
A contract under which one party's legal liability for damages is assumed by the other party to the contract.