The Concept of Defensive Medicine Has Occurred Which States That

question 7

Multiple Choice

The concept of defensive medicine has occurred which states that:

• A)Nurses are defensive about their work because patients are always complaining about them.
• B)Physicians are defensive about their practices because they are paid such high salaries.
• C)Physicians order more tests and provides more services than needed to patients to protect themselves from medical malpractice lawsuits.
• D)Physicians who specialize in certain areas of medicine are becoming defensive because the U.S. needs more primary care physicians.

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Definitions:

Private Securities Litigation Reform Act

A 1995 federal law that imposed several significant reforms on the process of bringing securities fraud lawsuits in order to reduce frivolous claims.

Auditor Liability

The legal responsibility of auditors for failing to detect and report inaccuracies or fraud in the financial statements they review.

SEC

Stands for the Securities and Exchange Commission, a U.S. government agency responsible for regulating the securities markets and protecting investors.

1934 Securities Act

U.S. legislation aimed at regulating the secondary securities market, requiring disclosure of material information related to securities transactions and aimed at combating fraud and manipulation.