Which of the Following Is True About the Breach of Duty

question 1

Multiple Choice

Which of the following is true about the breach of duty?

• A)A person is guilty of breach of duty if he or she exposes another person to a foreseeable and unreasonable risk.
• B)Even if the defendant exercised reasonable care,he/she is liable for the plaintiff's injury.
• C)Only when the defendant's actions violate statutes,it is regarded as breach of duty.
• D)It requires that a plaintiff must conduct himself/herself like a "reasonable person of ordinary prudence in similar circumstances."

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Definitions:

Factory Overhead

Refers to the indirect costs associated with manufacturing, excluding direct materials and direct labor.

Equivalent Units

A concept used in process costing that converts partially completed units into a number of fully completed units, facilitating the calculation of costs per unit.

Conversion Cost

The combined costs of direct labor and manufacturing overheads that are incurred to convert raw materials into finished products.

Average Cost Method

An inventory valuation method that assigns an average cost to each item in stock, used to determine the cost of goods sold.