The Professional Under a Contract Implies Promises to Perform the Services

question 19

Multiple Choice

The professional under a contract implies promises to perform the services required in accordance with the standard for his or her profession, and a failure to do so would constitute ______________________.

• A) a lack of fiduciary duty
• B) a breach of contract
• C) professional negligence
• D) a lack of informed consent
• E) a breach of solicitor-client privilege

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Definitions:

Inflation

A general increase in prices and fall in the purchasing value of money over time.

Gross Domestic Product (GDP)

The aggregate value of all products and services generated inside a nation's boundaries over a particular time frame, serving as a comprehensive indicator of economic performance.

Gross Domestic Product (GDP)

The sum total of the market or economic value of all products and services finalized within a country's geographical limits during a defined period.

Gross Domestic Product (GDP)

The full valuation, in market or monetary terms, of all end goods and services generated within the confines of a country's borders in a particular time span.