Under Common Law, Liability Concepts Are Developed Through Court Decisions

question 83

True/False

Under Common Law, liability concepts are developed through court decisions based on negligence, gross negligence, or fraud.

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Definitions:

Ethics Audit

A systematic evaluation of an organization's ethics programs and practices, aiming to identify potential areas for improvement and ensure compliance with ethical standards.

Credibility

The quality of being trusted and believed in, often influenced by a person's or organization’s reputation and their ability to provide reliable and accurate information.

Objectivity

The state or quality of being true even outside of a subject's individual biases, interpretations, feelings, and imaginings.

Retaliation

The action of returning a military attack; counterattack or the act of seeking revenge upon another.