The Reasonable Person Standard Compares the Actions of the Wrongdoer/tortfeasor

question 56

Multiple Choice

The reasonable person standard compares the actions of the wrongdoer/tortfeasor with those of a hypothetical person known as the reasonable person. The standard of care that the law presumes the reasonable person meets is:

• A) ordinary care or due care
• B) extraordinary care
• C) minimal care
• D) the law presumes no particular standard of care; each case is evaluated individually
• E) none of the other choices

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Definitions:

Cost To Buy

The total amount of money required to purchase a good or service including taxes and fees.

Cost To Make

The total expenditure incurred in producing a good or service, including materials, labor, and overhead costs.

Win In Trade

A situation where all parties involved in a trade feel that they have benefited from the transaction.

Lose In Trade

A situation where an individual or country experiences a decrease in welfare or potential benefit as a result of engaging in trade, often due to unfavorable terms or conditions.