The Rule Which Permits the Jury to Infer Both Negligent

question 43

Multiple Choice

The rule which permits the jury to infer both negligent conduct and causation from the mere occurrence of certain events is:

• A) proximate cause.
• B) res ipsa loquitur.
• C) causation in fact.
• D) comparative negligence.

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Definitions:

Economic Profit

The difference between total revenue and the total costs, including both explicit and implicit costs, unlike accounting profit which only considers explicit costs.

Explicit Costs

Direct financial payments made to acquire resources or services for business operations.

Total Economic Costs

The sum of explicit and implicit costs representing the total resources expended in the production of goods or services.

Entrepreneur's Talent

The unique set of skills, creativity, and vision that an entrepreneur brings to identifying and exploiting new business opportunities.