The Only Question a Small Business Should Ask Is How

question 38

True/False

The only question a small business should ask is how much they can charge their customers.

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Definitions:

Standard of Care

The degree of caution and attention to detail that a reasonable person should take in a particular situation, often used in legal contexts to determine negligence.

Tort Law

The area of law that deals with civil wrongs causing harm or injury, allowing the injured party to seek compensation.

Reasonable Care

A legal standard that denotes the level of judgment, attention, and caution that a prudent person would reasonably be expected to do under similar circumstances.

Proximate Cause

The legal principle that establishes the cause of an event as being sufficiently related to an injury to be held legally liable for that injury.