One of the Applications of Proximate Cause Doctrine to Cases

question 54

Multiple Choice

One of the applications of proximate cause doctrine to cases where a plaintiff sues for negligence require:

• A) the plaintiff and a defendant to agree to an arbitration.
• B) the injury to be caused directly by a defendant's negligence.
• C) the injury to be caused by a defendant's comparative fault.
• D) the plaintiff to prove a defendant's contributory negligence.
• E) a defendant to prove that he or she assumed the risk voluntarily.

---

Definitions:

Dollar-Value LIFO Retail Inventory Method

A method for valuing inventory that combines the last-in, first-out (LIFO) principle with dollar values, adjusting for changing prices and inventory levels.

Price Index

A statistical measurement that shows changes in the price level of goods and services over time, indicating inflation or deflation.

Inventory Value

The total cost or market value of all the goods and materials held by a company intended for sale.

Retail Inventory Method

An accounting method used by retailers to estimate inventory value by converting the retail price of inventory to a cost basis using a cost-to-retail percentage.