All of the Following Are Necessary for a Legitimate Case

question 5

Multiple Choice

All of the following are necessary for a legitimate case of malpractice EXCEPT

• A)a clear definition of duty.
• B)proof of damages.
• C)a clear illustration of one's breach of duty.
• D)third-party testimonial as to the inappropriate acts of the defendant.

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Definitions:

Investment Portfolio

An assortment of monetary assets, including shares, bonds, commodities, money, and near-money instruments such as mutual funds and exchange-traded funds (ETFs).

Asset Classes

Categories of assets with similar characteristics and behavior in the marketplace, such as stocks, bonds, real estate, and cash.

Securities

Assets indicating an equity share in a publicly-listed firm (stock), a lending arrangement with a corporation or government (bond), or ownership rights via options.

Agency Problem

A conflict of interest between the principals, such as shareholders, and the agents managing the company, like executives or managers.