Risk Exists When the Probability of an Action Being Successful

question 116

Multiple Choice

Risk exists when the probability of an action being successful is less than ________ percent and losses may be higher than gains.

• A)20
• B)40
• C)60
• D)80
• E)100

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Definitions:

Actual Cause

The determination that the defendant's breach of duty resulted directly in the plaintiff's injury.

Duty Of Care

Duty of care is a legal obligation imposed on individuals requiring that they adhere to a standard of reasonable care while performing any acts that could foreseeably harm others.

Breach Of Duty

Failure to fulfill a legal or ethical obligation, often leading to liability.

Punitive Damages

Payment allocated to a harmed individual which surpasses the amount needed to offset damages, serving the purpose of reprimanding the responsible party.