Which of the Following Statements Is TRUE with Respect to the Test

question 69

Multiple Choice

Which of the following statements is TRUE with respect to the test that Canadian judges apply to determine the existence of a duty of care?

• A) Canadian judges recently switched from a two- part test to a three- part test.
• B) The fear of interfering with political decisions is usually addressed under the heading of proximity.
• C) Proximity concerns usually relate to the effect that a duty of care would have on society generally.
• D) The fear of opening the floodgates is usually addressed under the heading of reasonable foreseeability.
• E) Policy concerns usually relate to the relationship between the parties.

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Definitions:

Securities Exchange Act

A U.S. law governing the trading of securities (stocks, bonds, and securities futures) to protect investors against manipulation.

Insider Trading

The unauthorized use of secret information for making profitable trades on the stock market to benefit oneself.

Exemption From Registration

A situation where a party is relieved from the requirement to register information or activities with a governmental or regulatory authority.

Components Assembly Corporation

A business specializing in the process of assembling parts to create finished products, often in the manufacturing sector.