Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

pure risk

Read a random definition: Vest

A quick definition of pure risk:

Pure Risk: Pure risk is when there is a chance of something bad happening and no chance of anything good happening. It always results in a loss. For example, if you buy a car, there is a risk that it might get stolen or damaged in an accident. This is a pure risk because if it happens, you will lose your car and money. Insurance companies help protect people from pure risks by offering policies that cover the potential losses.

A more thorough explanation:

Definition: Pure risk refers to the uncertainty of a result, happening, or loss that always results in a loss. It is the chance of injury, damage, or loss, and the existence and extent of the possibility of harm.

Examples: Examples of pure risk include natural disasters like earthquakes, floods, and hurricanes, as well as accidents like car crashes and fires. These events always result in a loss, and there is no possibility of gain.

Explanation: Pure risk is a type of risk that cannot be avoided, only managed. Insurance companies offer policies to help individuals and businesses manage the financial impact of pure risks. For example, a homeowner's insurance policy can help cover the cost of damages caused by a fire or a natural disaster. By paying a premium, the homeowner transfers the risk of a potential loss to the insurance company.

pure race statute | pure speech

Warning

Info

General

General chat about the legal profession.
main_chatroom
👍 Chat vibe: 0 👎
Help us make LSD better!
Tell us what's important to you
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
WorthlessAttractiveZombie
7:44
My berkeley paragraph finally disappeared. I definitely think it is just an indicator that they are actively reviewing files, and does not mean anything about A, WL, or Rs
WorthlessAttractiveZombie
7:46
Also has anyone's date disappeared for W&L? Mine did last night
7:55
@WorthlessAttractiveZombie: mine did yesterday morning
7:56
Oops sorry I meant Vilanova. Mine disappeared last week
soapy
8:48
UMN under review! As predicted, decisions are gonna come out early December
Minus those random R decisions from UMN yesterday though right? I wonder what happened there. I don’t think I’ve seen a school start the season out with anything but As on here
almost all of my apps have been UR for 6 weeks at this point I feel exhausted waiting for them to finish
Irvine is being snobby and wont start any review until end of Nov.
LSD+ is ad-free, with DMs, discounts, case briefs & more.