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LSDefine

Simple English definitions for legal terms

pure risk

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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

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misoissocute
14:30
I am seeing some decisions
14:31
I tell ya, my wife, she never went for me. First time I called her up she said, “Come over, nobody’s home.” I went over and there was nobody home.
texaslawhopefully
14:32
@ImpartialLion: I feel you. I’m sure you’ll get an interview though
oakenrays
14:32
"Now I ain't saying she's a gold digger, but she does have several shovels, picks and panning sluices strapped to her burro."
ImpartialLion
14:34
Well HLS II released and i didnt get nothing so idk man
glove
14:35
if you get an R from a school but are still waiting for another LSAT score are u allowed to supplement your app with the new score or are you cooked once you recieve the R
GreyCeaselessMammoth
14:35
ur cooked i believe
glove
14:35
interesting
14:35
cooked unless W
glove
14:36
might have to tell BC to put me on hold then dagnabit
GreyCeaselessMammoth
14:36
i thought they were notified automatically upon your registration
glove
14:37
most all the schools i applied to auto holded me, but BC says my app is complete so i dont think they do
jackfrost11770
14:41
NU is over right
14:46
got a gtown II
ImpartialLion
14:48
Congrats!!!
HLS II!! But I am not as ecstatic as I thought I would be. After seeing some II's transition to R's, it has me a bit doubtful of it being promising
@info-man: Congrats on Gtown II!
soap
14:50
Congrats everyone
ImpartialLion
14:52
Congrats!
14:54
if i haven’t gotten a harvard ii invite by now am i done if i applied early nov
GreyCeaselessMammoth
14:54
if u weren't in the r wave, i'm sure there's a reason
ReminiscentZestyFish
14:54
Anything's possible
ReminiscentZestyFish
14:55
Probably won't be in Feb A wave but still chance for March
info man is cookin
ImpartialLion
14:55
@RightPlant: welcome to hls purgatory buddy
hate to see a stat twin catch the WL
14:56
@CynicalCynicalCynical: you're too kind, i'm just letting what happens happen
i want georgetown ii :(
ImpartialLion
14:56
We have a brick wall to bang your head against and a computer that can only search the harvard status checker
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