Which of the Following Is NOT an Element of the Common

question 68

Multiple Choice

Which of the following is NOT an element of the common law claim of negligence?

• A) The defendant owed a duty of care to the plaintiff.
• B) There were substantial monetary damages due to the actions of the defendant.
• C) The defendant committed a breach of his duty to the plaintiff.
• D) The breach committed by the defendant was the actual and proximate cause of injury to the plaintiff.

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Definitions:

Residual Value

The estimated worth or salvage value of an asset at the end of its useful life.

Net Income

The total profit of a company after all expenses, including taxes and operational expenses, have been deducted from total revenue; essentially, it's the bottom line of the income statement.

Average Rate

A term often used in finance to describe the mean rate of return or the mean rate of interest over a specified period.

Fixed Asset

Fixed asset, also known as a non-current asset, is a long-term tangible piece of property or equipment that a firm owns and uses in its operations to generate income.