Actuarial Notes

CAS Exam 6C Spring 2016, Question 7

Study guide: Exam 6C

Part a (0.5 points)

Identify a group of defendants that are frequently negatively impacted by the legal doctrine of joint and several liability. Briefly describe how this legal doctrine may impact the group in lawsuits.

Part b (0.5 points)

Identify and briefly describe a possible reform to the joint and several doctrine to alleviate the potential negative impact to groups identified in part a. above.

Part c (0.5 points)

Describe a concern that the trial lawyers may use to argue against a tort reform to the joint and several liability doctrine.

Part d (0.25 points)

Identify a potential remedy to address the concern mentioned in part c. above.

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