The Case of Donoghue V Stevenson Established the Concept of

question 40

Multiple Choice

The case of Donoghue v Stevenson established the concept of

• A)a general duty of care based on the "neighbour principle."
• B)the learned intermediary rule.
• C)market share liability.
• D)contributory negligence.
• E)professional negligence.

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Definitions:

Cash Dividends

Payments made by a corporation to its shareholder members from current or retained earnings, usually in the form of cash.

Liability

Obligations or debts that a business owes to external parties, which need to be settled over time through the transfer of economic benefits.

Stock Dividend

A dividend payment made in the form of additional shares rather than a cash payout, increasing the number of shares owned.