Which of the Following Is True Regarding Negligence Under South

question 56

Multiple Choice

Which of the following is true regarding negligence under South African law?

• A) South Africa's legal system is a combination of selected legal traditions involving Roman, Dutch, and French law, but not German law.
• B) Under South African law, individuals can be found negligent in only one way, through failing to exercise reasonable care.
• C) South African law models the law of the U.S. and is substantially the same.
• D) South African law refuses to recognize sudden emergency as a standard for determining negligence in crisis situations.
• E) South African law recognizes that one way to determine negligence is by determining whether the defendant could have prevented the consequent damages.

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Definitions:

Money Demand

The desire to hold cash or liquid assets based on the trade-off between the liquidity provided by holding money and the foregone interest earnings from not investing it.

Financial Assets

Assets that derive value from contractual claims, such as stocks, bonds, bank deposits, and other investments.

Interest Rate

The percentage at which interest is paid by a borrower for the use of money they borrow from a lender.

Money Supply

The total amount of money available in an economy at a specific time, including cash, coins, and balances held in bank accounts.