The Basic Obligation That One Person Owes Another Not to Cause

question 133

Multiple Choice

The basic obligation that one person owes another not to cause harm or an unreasonable risk of harm is called _____.

• A)cause of duty
• B)cause in fact
• C)actual cause
• D)duty of care

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Definitions:

Net Income

The total profit or loss of a company after all expenses, taxes, and costs have been subtracted from total revenue.

Net Working Capital

A financial metric that represents the difference between a company's current assets and its current liabilities.

Total Assets Ratio

A financial metric that compares the total assets of a company to its sales or revenues, indicating how efficiently a company uses its assets.

Uses of Cash

The various ways in which a company or individual allocates cash resources, including operating expenses, investments, and financing activities.