Use the Fact Situation in Q28 to Answer the Related

question 50

Multiple Choice

Use the fact situation in Q28 to answer the related question that follows. The basis for saying that the company will be liable in damages for negligence is

• A)the duty owed by the company to its customers at common law.
• B)the damages caused to the company's customers.
• C)the reasonable foreseeability test.
• D)the harm caused to the company's customers.
• E)the duty owed by the company to its customers under the PIPEDA.

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Definitions:

Budget Constraint

The constraint on the collection of goods or services a consumer is able to purchase, determined by their income and the cost of those goods or services.

Utility

A measure of satisfaction or happiness that consumers derive from consuming goods and services.

Indifference Curves

Graphical representations used in microeconomics to show combinations of two goods that give an individual equal satisfaction and utility.

Budget Constraint

The limitations on the spending decisions of consumers based on their income and the prices of goods and services.