CAS Exam 6C Spring 2017, Question 6
Study guide: Exam 6C
Part a (0.5 points)
Describe the concept of joint and several liability.
Part b (0.5 points)
Briefly describe two arguments in favour of joint and several liability.
Part c (0.25 points)
Briefly describe one argument against joint and several liability.
Part d (0.25 points)
Briefly describe the concept of proportionate liability.
Part e (0.5 points)
Briefly describe two reforms to joint and several liability which may reduce settlement costs for the defendant.
Part f (0.25 points)
Briefly describe the term "peripheral asbestos defendants".
Part g (0.25 points)
Briefly describe how peripheral asbestos defendants may be disadvantaged in a jurisdiction that applies joint and several liability.
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