Which of the Following Statements with Regard to the Tort

question 47

Multiple Choice

Which of the following statements with regard to the tort of negligence is true?

• A) If a person is injured by a defective product that he himself did not purchase, he cannot sue the manufacturer for negligence.
• B) If the court finds contributory negligence, the defendant has no liability at all.
• C) If physical injury can be foreseen as the result of a person's actions, the wrongdoer will be not be liable for all the injury suffered.
• D) A possible defence to the plaintiff's claim of negligence is that the plaintiff volunteered to take the risk.
• E) The test used to determine whether a duty of care is owed is this: would a person of below-average intelligence foresee that the plaintiff could be affected by the acts of the defendant?

---

Definitions:

Contribution Margin Format

A costing format that highlights the contribution margin, which is sales revenue minus variable costs, used in management accounting.

CVP Income Statement

A managerial accounting financial statement that utilizes cost-volume-profit analysis to show the effects of changes in cost and volume on a company's profits.

Margin of Safety

The difference between actual or expected sales and the sales level necessary to break even; it measures how much sales can fall before a business incurs a loss.

Variable Costs

Charges that are aligned with the scale of production or the extent of activities in an enterprise.