In Relation to the Tort of Negligence It Is Well

question 33

Multiple Choice

In relation to the tort of negligence it is well established that:

• A)A tenant owes a duty of care to their landlord.
• B)A patient owes a duty of care to their doctor.
• C)A lawyer owes a duty of care to their client.
• D)A person who uses a product owes a duty of care to the manufacturer.

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Definitions:

Financing Activities

Transactions and events that affect the long-term liabilities and equity of a company, such as issuing debt or equity.

Indirect Method

A technique used in cash flow statements where net income is adjusted for non-cash transactions and changes in working capital to arrive at cash flow from operating activities.

Operating Activities

Activities that relate directly to the primary operations of a company, such as sales and service activities, and are reflected in the company's cash flows.

Net Income

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