At Common Law, the Defendant Is Said to Have Breached

question 3

Multiple Choice

At common law, the defendant is said to have breached their duty of care if:

• A)They failed to do what a reasonable person would have done in the circumstances.
• B)It is reasonably foreseeable that their conduct could cause harm to the plaintiff.
• C)The damage suffered by the plaintiff, due to defendant's conduct, was reasonably foreseeable.
• D)The defendant's conduct caused the harm suffered by the plaintiff.

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Definitions:

Expansion Option

A strategic investment choice that gives a company the option but not the obligation to expand its operations or invest in new projects if market conditions are favorable.

Monte Carlo Simulation

A computational technique that uses random sampling to obtain numerical results, often used to assess risk and uncertainty in financial and project management.

Subjective Estimates

Assessments or judgments made that rely on personal feelings, tastes, or opinions rather than external observable phenomena.

Probability Outcomes

The set of possible results in an experiment or situation, often quantified as likelihoods or percentages.