Explicit Costs Include

question 57

Multiple Choice

Explicit costs include:

• A) out-of-pocket costs.
• B) fixed costs.
• C) variable costs.
• D) All of these are included in explicit costs.

---

Definitions:

Reasonable Person Standard

A legal standard used to determine what a hypothetical reasonable person would do in a particular situation.

Voluntary Intoxication

A state of being inebriated or drunk by one's own choice, which can affect one's legal liability or capacity in certain legal contexts.

Trespassers

People who go onto or stay on premises without having been given consent or lawful authority.

Negligence Action

A legal claim arising from injuries or damages caused by one's failure to exercise a reasonable standard of care.