Professionals Are Held to a Standard of Care Than Laypersons

question 5

Short Answer

Professionals are held to a standard of care than laypersons.

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Definitions:

Entrepreneurs

Individuals who initiate, manage, and assume the risks of starting and running a new business or enterprise.

Percentage

A way of expressing a number as a fraction of 100, denoting a part of a whole in terms of per hundred.

CSR Activities

Corporate Social Responsibility activities involve companies taking responsibility for their effects on environmental and social well-being, often going beyond legal requirements.

Legal Impact

The effect or influence of law on an activity, process, or situation, often in terms of compliance or litigation.