A Group of Nursing Students Are Discussing Potential Impact for Malpractice/negligence

question 20

Multiple Choice

A group of nursing students are discussing potential impact for malpractice/negligence litigation in their professional career. Which statement made by the nursing students indicates understanding of the importance of maintaining professional liability insurance?

• A) Professional liability insurance should be provided to nurses by the facility as part of their work agreement.
• B) Nurses who work in specialty areas are more likely to require professional liability insurance regardless of performance practice.
• C) Securing liability insurance does not increase the potential for poor nursing judgment.
• D) Liability insurance increases the likelihood for settlement of claims despite nursing performance.

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Definitions:

FedEx

An American multinational delivery services company known for its overnight shipping service and pioneering a system that could track packages and provide real-time updates on package location.

Package Tracking

A service provided by postal and courier companies that allows customers to follow the geographic location and status of their shipped items through a unique tracking number.

Short Run

A time period in economic theory during which some factors of production are fixed, affecting the decision-making process of businesses.

Long Run

A period of time in which all factors of production and costs can be fully adjusted, unlike the short run where some factors are fixed.