Dr. Roth is a general practitioner in rural Ontario who has misdiagnosed cancer. A cancer specialist a year later properly diagnosed it. The patient sues Dr
Roth, claiming that if the cancer had been properly diagnosed a year earlier, it could have been cured or arrested. In determining whether Dr. Roth has breached the standard of care required, the court will apply the standard of:
A) The reasonable person.
B) The reasonable rural Ontario doctor
C) The most careful Canadian doctor.
D) The reasonable urban doctor
E) The average cancer specialist.
B
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Researchers advise well-intentioned bargainers not to let themselves be victimized by aggressive negotiators and instead make an offer to change to more productive methods. Why is this sound advice?
What will be an ideal response?
Match each term with the correct statement below.
a. demand deposit b. time deposit c. money market accounts d. reserve requirement e. open-market operations f. discount rate g. savings banks h. savings & loan associations 1. Depositor-owned financial institutions 2. Checks are one type of this 3. The Federal Reserve requirement that member banks maintain a certain percentage of their deposits on hand or on deposit in the Fed 4. The process of buying and selling government securities by the Fed 5. The interest rate the Fed charges member banks for loans 6. A financial institution that was originally formed to encourage family thrift and to loan funds for mortgages
A net listing: A) Must be an exclusive listing
B) Must be an open listing. C) Is void in residential listings. D) None of the above
The total annual inventory cost will be minimized when the holding cost is equal to what?
A) The EOQ amount B) The ordering cost C) The safety stock D) The annual demand E) The inventory position cost