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:

Duration

The length of time during which an event occurs or a condition persists.

Franchise

A business method that involves licensing of trademarks and methods of doing business, typically from a franchisor to a franchisee.

Franchise Relationship

A contractual relationship where one party (the franchisor) grants another party (the franchisee) the right to operate a business using its trademark and business model.

Franchise Contracts

Legal agreements that allow for the licensing of trademarks and methods of doing business between a franchisor and franchisee, outlining the duties and rights of both parties.