Examlex
Which of the following statements is correct?
Malpractice
Professional misconduct or the failure to exercise the requisite degree of skill as a professional. Negligence—the failure to exercise due care—on the part of a professional, such as a physician or an attorney, is commonly referred to as malpractice.
Uniform Partnership Act
A standardized set of laws adopted by states to govern the formation, operation, and dissolution of partnerships, providing a consistent legal framework across jurisdictions.
Express Agreement
A contract wherein the terms and conditions are stated clearly and explicitly by the parties involved.
Implied Agreement
A contract formed by actions of the parties that indicate a mutual intent to agree, rather than through written or spoken words.
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