This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams.

In this episode you will learn:

- The four essential elements of negligence: duty, breach, causation, and damages.

- How causation is a two-part test of both actual cause and proximate (foreseeable) cause.

- The difference between contributory negligence, an all-or-nothing rule, and comparative negligence, which reduces recovery based on fault.

- How to calculate liability payments in a comparative negligence scenario.

- The definition of the assumption of risk defense and when it applies to a liability claim.