Examlex
Which of the following statements about managerial compensation is correct?
Damages
Monetary compensation ordered by a court for harm or injury suffered by an individual.
Ordinary Care
The level of caution and attention to duty that a reasonable person would employ in similar circumstances, often relevant in negligence cases.
Bailment
The act of temporarily placing control over, or possession of, personal property by one person into the hands of another, under agreement.
Reasonable Care
A legal standard implying that a person or entity should act with the caution and prudence that a reasonable person would use in similar circumstances.
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