Duty in a Negligence Case Refers to ________

question 22

Multiple Choice

Duty in a negligence case refers to ________.

• A)A failure to live up to the standard of care a reasonable person owes to others.
• B)An obligation to measure compensable losses suffered by the plaintiff.
• C)The standard of care a reasonable person owes to another.
• D)Actual harm,or cause in fact,which resulted from a failure to live up to a standard of care.
• E)Legal cause,or the extent to which the defendant is held responsible for actions that fall short of the standard of care.

Understand the projected growth of health care spending in relation to GDP.

Differentiate between various health insurance plans and hybrids.

Understand the difference between reimbursement and indemnity policies in health insurance.

Calculate the ideal benefit amount for disability income insurance based on gross pay.

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Definitions:

Risk-Averse

A characteristic of preferring to avoid risk, often leading to choices that have lower potential returns to minimize possible losses.

Income

Income is the financial earnings received by an individual or entity, typically measured in terms of money earned from employment, investments, or business operations.

Risk-Averse

A descriptive term for an individual or entity that prefers to avoid risk and chooses certainty over uncertainty when making investment or financial decisions.

Insurance Premium

The amount of money that individuals or businesses must pay for an insurance policy, providing coverage against specific risks.