The Concept of Risk in Civil Law

Student: Korovina Valeriya

Educational Programme: Jurisprudence (Bachelor)

Year of Graduation: 2017

Civil law has become one of the most powerful institutions for regulating risks. Civil damage judgments serve as an effective public policy instrument for internalizing costs to the parties that generate them. Obviously, the predominant function of modern law is to allocate risk. In this research we will pinpoint the key features of the concept of risk in civil law. The concept of risk in civil law is vital not only for the theory of law, but also for the practice. The first part of the project proposal serves as a theoretically refined basis for identifying the essence of risk in civil law. The second part shows the existing issues according to the concept of risk. The results anticipated are intended to challenge current thinking about risk and liability rule.

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