Which of the following statements is true about malpractice suits?

A) They are service liability suits brought against professionals.
B) They are service liability suits brought against manufacturers.
C) Strict liability is usually applied to malpractice suits.
D) Strict liability is generally not applied if the defendant has provided both a good and a service.


A

Business

You might also like to view...

Discuss the steps involved in the performance management process.

What will be an ideal response?

Business

Search engine optimization (SEO) can be reached in the following ways, except:

A) paid search insertions on search engines B) paid banner ads on other companies' websites C) increase identification through the natural, or organic, emergence of a site on a search engine D) paid search ads

Business

The recognition of revenue may result from the settlement of a liability rather than from the acquisition of an asset

a. True b. False Indicate whether the statement is true or false

Business

A baker buys an oven for his new bakery at the cost of $6,000 to bake bread. Each bread loaf is

baked at the cost of $3, which includes the costs of electricity, dough, packaging, etc. The baker sells each loaf of bread for $6. At what point (in terms of sales) does he expect to break even? A) 1,500 loaves B) 1,000 loaves C) 500 loaves D) 2,000 loaves

Business