Breach of Duty in a Negligence Case Refers to ________

question 19

Multiple Choice

Breach of duty in a negligence case refers to ________.

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

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Definitions:

Gain on Sale

The financial profit earned from selling an asset for more than its book value.

Interest Revenue

Earnings generated by providing loans or placing money into financial vehicles that accrue interest.

Temporary Investment

Short-term investments made by a company to earn a return on idle cash without impacting its liquidity.

Long-Term Investment

Investments held for an extended period, usually more than one year, with the intention of gaining significant returns over time.