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Arthur Goldberg Once Said, "If Columbus Had an Advisory Committee

question 60

Multiple Choice

Arthur Goldberg once said, "If Columbus had an advisory committee, he would probably still be at the dock." He would MOST LIKELY agree with which statement?


Definitions:

Common Law

A legal system based on judicial precedents and customs rather than statutory laws.

Tort Liability

Legal responsibility that arises from the commission of a tort, which is a civil wrong, such as negligence, that causes harm to another.

Negligence

The failure to exercise a level of care that a reasonably prudent person would in similar circumstances, potentially causing harm or damage.

Sarbanes-Oxley Act

A U.S. federal law enacted in 2002 to protect investors by improving the accuracy and reliability of corporate disclosures in financial statements and other corporate events.

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