Appraise Legal Meaning and Definition

Here is a simplified definition of the legal term Appraise.

You seem to be asking for information on two distinct legal terms: "Appraise" and "Assumption of Risk". Here they are:

Appraise
(verb)

To appraise is to estimate the value or worth of something, often used in legal contexts in relation to property or goods. For example, in a divorce process, properties and goods might need to be appraised to assess their financial value for equitable distribution.

Assumption of Risk
(noun)

Assumption of risk is a legal term used in tort law. It refers to a defense where a defendant argues that the plaintiff knowingly participated in a risky activity and thus assumed responsibility for any potential harm. This defense is often used in cases related to hazardous recreational activities like rock climbing or skiing. However, simply proving that an activity was risky isn't enough; the defendant must also show the plaintiff was aware of the specific risk that caused the injury.