Which of the Following Is True About the Duty of Care

question 80

Multiple Choice

Which of the following is true about the duty of care?

• A) Breach of duty of care is not actionable unless the plaintiff suffers injury or injury to his or her property.
• B) Reasonable person standard is used to determine the amount of damages that a defendant owes a plaintiff.
• C) A firefighter who refuses to put out a fire when his safety is not at stake does not breach his duty of care.
• D) The damages recoverable for breach of the duty of care are independent of the effect of the injury on the plaintiff's life or profession.

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Definitions:

Efficiency

The optimal allocation of resources to maximize the production of goods and services, ensuring that these are distributed in the most effective manner.

Tax Systems

The legal framework and methodologies used by governments to assess and collect taxes from individuals and organizations.

Deadweight Loss

A loss of economic efficiency that can occur when the free market equilibrium for a good or a service is not achieved, leading to a mismatch between supply and demand.

Consumer Surplus

The discrepancy between what consumers are prepared and capable of spending for a product or service and the actual amount they end up paying.