What Rule or Rules Apply When Litigation Involves a Third-Party

question 40

Multiple Choice

What rule or rules apply when litigation involves a third-party claim?

• A) Third-parties must be sued in separate litigation proceedings.
• B) The plaintiff must sue the third party and the defendant.
• C) Normal negligence principles will apply.
• D) Third parties are entitled to recover the costs of being brought into the litigation.

Grasp the concepts of various economic fallacies, including post hoc ergo propter hoc, fallacy of composition, and confusion between correlation and causation.

Recognize the importance and implications of rational individual choice in economics.

Distinguish between macroeconomics and microeconomics.

Comprehend the concept of opportunity cost in different scenarios.

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Definitions:

Disclosed Principal

A principal whose identity is known by the third party at the time a contract is entered into with the agent acting on behalf of the principal.

Signs the Contract

The act of agreeing to a contract's terms and legally binding oneself by signing a document.

Nondelegable Duty

An obligation or duty that cannot be transferred to another party and must be performed by the individual or entity originally charged with it.

Duty Of Care

The legal obligation to avoid actions or omissions that could foreseeably harm others.