What Is the Commonality That Exists in Law Between the Tort

question 20

Multiple Choice

What is the commonality that exists in law between the tort of negligent misstatement and negligent misrepresentation?

• A) Both strongly support a claim arising from third-party reliance.
• B) Both must arise from communication with a professional.
• C) Both may be perfectly justifiable.
• D) Both arise from communication.

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Definitions:

Simple Rate Of Return

The rate of return computed by dividing a project’s annual incremental net operating income by the initial investment required.

Salvage Value

The estimated residual value of an asset at the end of its useful life, representing what it could be sold for or scrapped.

Technologically Obsolete

Refers to products, services, or technology that have become outdated or no longer maintain a competitive advantage due to advancements in technology.

Simple Rate Of Return

A method to evaluate an investment's efficiency by dividing the annual incremental net operating income by the initial investment cost.