Negligence Cases That Address Duties That Run from Possessors of Real

question 47

Multiple Choice

Negligence cases that address duties that run from possessors of real estate (land and buildings) to those who enter that property are often called:

• A)special duty cases.
• B)premises liability cases.
• C)strict liability cases.
• D)negligence per se cases.

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Definitions:

Rental Price

The cost associated with leasing or renting an asset, property, or service.

Capital Equipment

Long-term assets a business uses in the production of goods and services, such as machinery, buildings, and vehicles.

Equilibrium Wages

The salary level where the amount of work offered matches the amount of work sought in the employment market.

Recession

A period of temporary economic decline during which trade and industrial activity are reduced, usually identified by a fall in GDP in two successive quarters.