Which of the Following Is Not an Element Needed to Show

question 160

Multiple Choice

Which of the following is not an element needed to show negligence:

• A)the wrongdoer owed a duty of care to the injured party
• B)a duty of care owed to the injured party was breached by an act of the wrongdoer
• C)the wrongdoer intended to invade a protected interest of the injured party
• D)there is a causal connection between the injured party's harm and the wrongdoer's conduct
• E)all of the above are necessary elements

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Definitions:

Merchandise Inventories

Goods, either manufactured or purchased, held for sale in the regular course of business.

Direct Method

A cash flow statement approach that itemizes actual cash flows from operating activities, rather than adjusting net income.

Depreciation

The systematic allocation of the cost of a tangible asset over its useful life, reflecting its decrease in value over time.

Indirect Method

A way of preparing the cash flow statement where net income is adjusted for non-cash transactions and changes in working capital to find the net cash from operating activities.