Which of the Following Statements About the Elements of Negligence

question 42

Multiple Choice

Which of the following statements about the elements of negligence is (are) true?
I.The negligence of the tortfeasor may arise from a failure to act.
II.The damage that results must be in the form of property damage.

• A)I only
• B)II only
• C)both I and II
• D)neither I nor II

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Definitions:

Educational Loan Interest

Interest paid on a loan taken out to pay for educational expenses. This interest can sometimes be deducted from taxable income.

Qualified Education Loans

These are loans obtained solely to pay for educational expenses that are qualified and necessary, including tuition, room, board, and books.

Deduction

An amount that is subtracted from an individual's gross income, decreasing the amount of taxable income.

AGI Deduction

Deductions from gross income that occur before calculating the taxable income, specifically affecting the adjusted gross income on a tax return.