Which of the Following Statements Is TRUE with Respect to the Standard

question 15

Multiple Choice

Which of the following statements is TRUE with respect to the standard of care that is applied to professionals?

• A)The standard of care is raised with respect to experienced professionals and lowered with respect to beginners.
• B)A professional may be held liable despite acting in compliance with an approved practice.
• C)An error of judgment always constitutes a breach of the standard of care.
• D)A judge will always hold that the defendant acted carelessly if the defendant injured the plaintiff while committing a breach of a statute.
• E)Because there is no separate tort of breach of a statutory duty, a court cannot consider the effect of a statute when it formulates the standard of care.

Identify best practices for responding to interview questions about weaknesses.

Learn the appropriate nonverbal behavior during interviews.

Know how to effectively answer behavioral interview questions.

Understand how and when to use the STAR technique in responses.

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Definitions:

Assumed Investment Rate

The projected rate of return assumed for a hypothetical investment over a specific period.

Annuity Cost

The initial investment or premium required to purchase an annuity, which in return provides periodic payments for a specified period or for life.

Pretax Return

The financial return on an investment before any taxes are deducted.

Taxable Investor

An individual or entity that is subject to taxes on investment income and capital gains, affecting investment choices and strategies to minimize tax liabilities.