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Torts 2 Week 5

Authored by Ella Burton

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University

Used 3+ times

Torts 2 Week 5
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24 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A negligent misstatement could traditionally only cover where the words were fraudulent as opposed to merely negligent

True

False

2.

FILL IN THE BLANK QUESTION

1 min • 1 pt

There must be a known, reasonable reliance and/or an assumption of responsibility on the part of the person making the statement. This is a negligent...

3.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

What are some circumstances to determine whether there has been reasonable reliance or assumption of responsibility for a negligent misstatement?

The type of advice and formality of occasion

Special skill/knowledge known to be possessed

An effective disclaimer

Strength/detail of advice and apparent reliance

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Financial loss not consequent upon any injury or damage to the plaintiff's property or person... what is this?

Pure economic loss

Economic loss

Reasonable loss

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

There is an exclusionary rule for pure economic loss

True

False

6.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

What does the traditional exclusionary rule prevent?

The plaintiff from potential indeterminate liability

The defendant from potential indeterminate liability

The Court from potential indeterminate liability

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Vulnerability is an essential requirement in determining pure economic loss

True

False

Sometimes

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