Careless Statements Are Different Than Careless Acts Because

question 63

Multiple Choice

Careless statements are different than careless acts because

• A) careless statements seldom cause substantial losses.
• B) careless statements can often be repeated in a way that careless acts cannot.
• C) people are almost always more careful with words than with actions.
• D) careless statements always result in pure economic losses.
• E) careless statements can never support a duty of care.

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Definitions:

Fiduciary Duty

A legal obligation of one party to act in the best interest of another when entrusted with certain responsibilities, typically in financial or property matters.

Financial Adviser

A professional who provides expert advice on financial planning and investment strategies to individuals or businesses.

Standard of Care

A guideline that clinicians are advised to adhere to when diagnosing and treating specific patient types, illnesses, or clinical scenarios.

Informed Consent

The full and understandable explanation of the risks associated with a course of action, and the clear understanding by the client or patient.