Examlex
A current trend is for students to be evaluated to determine whether they demonstrate competence in the actual client care environment or with a standardized patient. This process occurs in addition to or instead of traditional pencil-and-paper evaluations. This type of evaluation is referred to as:
Tort Liability
Legal responsibility arising from a civil wrong or injury that does not involve a contract breach, leading to legal liability.
Principal
In finance, this term refers to the original sum of money invested or loaned, not including any interest or dividends. In law, it can also mean the main party to a transaction.
Agent
An individual or entity authorized to act on behalf of another person or entity, known as the principal, in transactions, negotiations, or other legal matters.
Joint And Several Liability
A legal term indicating that each party involved is individually responsible for the entire debt or obligation, as well as collectively with the other parties.
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