In automobile insurance, all drivers are required to pay insurance premiums, which are then used by insurance companies to compensate victims. In the above case, which object or purpose of Tort law is being achieved? [1].
A. Deterrence so that the victims can be compensated for a wrongful act.
B. Fair and Just response to compensate the victims and to satisfy the end of justice.
C. Loss-spreading to a wider community to compensate the victims.
D. There is no object or purpose of tort law that is being achieved.
Answer:C
In automobile insurance, all drivers are required to pay insurance premiums, which are then used by insurance companies to compensate victims. In the above case, which object or purpose of Tort law is being achieved? [1].
A. Deterrence so that the victims can be compensated for a wrongful act. B. Fair and Just response to compensate the victims and to satisfy the end of justice. C. Loss-spreading to a wider community to compensate the victims. D. There is no object or purpose of tort law that is being achieved.