How Does Malpractice Differ from Negligence

question 27

Multiple Choice

How does malpractice differ from negligence?

• A)Malpractice occurs only when someone is learning to do something new or "practicing" a new skill.
• B)Malpractice is defined by the state board of nursing.
• C)Negligence refers specifically to the duties and responsibilities of the professional.
• D)Only professionals can be accused of malpractice.

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Definitions:

Par Value

A nominal value assigned to share of stock in the charter of a corporation, often used in the calculation of capital accounts.

Stated Value

A nominal value assigned to no-par-value stock by the corporation's board of directors to serve as the base figure for the accounting of the stock.

Stockholders' Equity

The residual interest in the assets of a corporation after debts have been deducted, representing the ownership interest of the shareholders.