In Deciding Whether the Salient Features of the Case Are

question 33

Multiple Choice

In deciding whether the salient features of the case are consistent with the existence of a duty of care, will the court take into account (i) the need for coherency in the law, (ii) the possibility of conflicting duties of care, (iii) the possibility of indeterminate liability, or (iv) the need for people to take responsibility for each other's actions?

• A)i, ii, iii.
• B)i, iii, iv.
• C)ii, iii, iv.
• D)i, ii, iii, iv.

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Definitions:

Fair Market Value

The price at which an asset would sell in the marketplace, assuming both buyer and seller are knowledgeable, willing, and under no pressure to buy or sell.

Trade-In Allowance

The amount credited to a buyer for trading in an old item towards the purchase of a new item, reducing the price of the new purchase.

Land Improvements

Enhancements to a plot of land such as landscaping, lighting, and paving, that are intended to make the land more usable and increase its value.

Fences

Structures built to enclose or separate areas, typically made out of wood, metal, or other materials, serving various purposes such as privacy, security, or decorative.