The Most Common Source of Legal Liability for Nurse Managers

question 25

Multiple Choice

The most common source of legal liability for nurse managers is a(n) :

• A) medical malpractice suit.
• B) organizational nursing issue.
• C) tort.
• D) vicarious liability.

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Definitions:

Inelastic

Describes a situation where the demand or supply of a good or service is unaffected by changes in price.

Demand

Demand is the desire and ability of consumers to purchase goods or services at a given price within a specific time frame.

Usury Laws

Regulations governing the amount of interest that can be charged on a loan, intended to protect consumers from excessively high rates.

Loanable Funds

Financial assets available for borrowing, which play a crucial role in setting interest rates in economics.