Proximate Cause Limits Liability to Harms

question 68

Multiple Choice

Proximate cause limits liability to harms:

• A) whether foreseeable or not
• B) resulting from remote occurrences "evolving naturally" from a central event
• C) that result from non-negligent conduct
• D) that bear a reasonable relationship to the defendant's negligent conduct
• E) that arise from interaction with railroads

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Definitions:

Depreciation Expenses

The systematic allocation of the depreciable amount of an asset over its useful life to account for wear and tear, obsolescence, or decay.

Equivalent Units

A concept in cost accounting used to express the amount of work done by incomplete units in terms of fully completed units.

Average Cost Method

An inventory costing method that determines the cost of goods sold and ending inventory based on the average cost of all similar items available during the period.

Milling Blanks

The process of machining raw materials into a preliminary shape before further processing.