Finance Exam 2 2023 with verified solutions

The tort that protects individuals from harm based on careless and unintentional conduct is called: correct answersNegligence Which is not a necessary element of negligence? correct answersThe wrongdoer's actions were motivated by malice To determine if a person's conduct was negligent, one asks: correct answersWhat would a reasonable person have done under the same or similar circumstances? In a case in which a doctor is sued for negligence due to an accidentally botched surgery, the reasonable person standard would be that of: correct answersA reasonably skilled, competent and experienced doctor Cause in fact is established by: correct answersEvidence showing that a defendant's action or inaction is the actual cause of an injury that would not have occurred but for the defendant's behavior In Palsgraf v. Long Island Railroad Company, involving a woman injured by an accidentally dropped package of fireworks that exploded as it was run over by a train. Palsgraf's injuries were not a result of negligence on the part of the railroad because: correct answersThere was nothing in this situation to suggest to a cautious mind that dropping the package would cause the plaintiff damage Baseball fans who willingly sit where they might be hit by a stray baseball during the normal course of play are: correct answersAssuming the risk of being hit with a stray baseball In Wassell v. Adams, the plaintiff was 97% responsible for the attack she suffered in a hotel room. As a result, the jury awarded her 3% of an $850,000 verdict, or $25,500. This action reflects which of the following legal doctrines? correct answersComparative negligence Intentional torts are based on: correct answersWillful misconduct