MATCHING -The Failure to Use the Reasonable Care That Was Owed

question 68

Multiple Choice

MATCHING
-the failure to use the reasonable care that was owed

• A)reasonable care
• B)breach of duty
• C)hypothesis
• D)risk-benefit analysis
• E)standard
• F)res ipsa loquitur
• G)joint and several liability
• H)custom
• I)frolic
• J)subjective standard
• K)negligence per se
• L)factor
• M)joint enterprise
• N)family purpose doctrine
• O)respondeat superior

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Definitions:

Services

Intangible products provided to consumers, including healthcare, education, banking, and entertainment, distinct from physical goods.

Savings Function

A mathematical expression that depicts how savings vary with changes in income, usually stating that savings are a function of disposable income.

Induced Consumption

The portion of consumer spending that varies with changes in disposable income, suggesting that as people earn more, they spend more.

Autonomous Consumption

The level of consumption that occurs when income is zero, reflecting the basic level of consumption that does not vary with disposable income.