Which of the Following Statements Is NOT True About the Duty

question 66

Multiple Choice

Which of the following statements is NOT true about the duty of care?

• A)The general rule in our society is that people are free to act any way they want to,as long as they do not infringe on the freedoms of others.
• B)If a risk of harm is foreseeable,then the duty of care exists.
• C)If a business knows about,or should know about,a high likelihood of crime occurring,then that business must take steps to protect its customers.
• D)The concept of duty is broad and extends beyond those in immediate physical proximity.
• E)The general rules surrounding when a duty exists cannot be modified in special situations.

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Definitions:

Expected Profit

The anticipated financial gain from a business venture or investment, considering both potential risks and rewards.

Current Cost

The cost of purchasing an asset or service at the present time, considering the most recent market values.

Extraction Costs

The expenses associated with removing natural resources or raw materials from the earth, which can include labor, equipment, and regulatory compliance costs.

Market Price

Market price is the current price at which a good or service can be bought or sold in an open market.