In the Context of Professional Services,the Duty of Care a Professional

question 13

Multiple Choice

In the context of professional services,the duty of care a professional owes to a client is synonymous with which of the following?

• A) What types of losses should create eligibility for compensation?
• B) Who determines standard of care?
• C) Who is entitled to claim compensation?
• D) What performance standard must the professional meet?

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Definitions:

Disputing Parties

Individuals, groups, or organizations involved in a conflict or disagreement seeking resolution.

Pressured Mediation

A mediation process in which parties are influenced or coerced by external forces, constraints, or deadlines to reach an agreement.

Satisfactory Process

An approach or procedure during negotiations or other activities that leads to acceptable or pleasing outcomes for involved parties.

Arbitrators

Neutral third parties appointed to resolve disputes between others through the process of arbitration, typically legally binding.