☩ SOTERIAN GLOSSARY ☩

Living Language Lexicon of the Soteria Covenant

Hand Formula

Judge Learned Hand's formula for determining negligence — if the burden of precaution (B) is less than the probability of harm (P) times the magnitude of harm (L), failure to take precautions is negligent: B < PL.

Category: Legal Economics · Source: United States v. Carroll Towing, 159 F.2d 169 (2d Cir. 1947)
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