Question: Explain when a professionals liability will be based on contract and when it will be based on tort. How is the standard imposed with respect

Explain when a professional’s liability will be based on contract and when it will be based on tort. How is the standard imposed with respect to tort determined?

Step by Step Solution

★★★★★

3.48 Rating (168 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

If the person suing is the actual client of the professional the rel... View full answer

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Business Law Legal Environment Questions!

How is the standard cost per unit for factory overhead determined?

Read the "Boeing" case study at the end of chapter 5 in the textbook. Create a PowerPoint presentation of 10-15 slides (including title and reference slides) that teaches one or more of the...

Wind and Solar Inc. (WSI) is in the business of providing electricity. The company is a new company just starting up this year (2013). Currently, it is owned by Winifred Wind and Winston Chang. Both...

Chapter 2 Questions for Review 1. What is a tort? Distinguish between a tort and a crime and explain when a tort can also constitute a crime. 2. Explain vicarious liability and any limitation on its...

A professional's liability can be based on O A. Contract or fiduciary duty O B. Contract, tort or fiduciary duty O C. Fiduciary duty or tort O D. Contract or tort Which of the following statements...

George was having a Stanley Cup party. He purchased various food items so his guests could make their own sandwiches. One of these items was Hanes ketchup, which George had transferred to a bowl to...

Fall 2021 - BUS8330 - Global Trade Law Case Study 2 On January 1st, 2021, Mr. Patino Pascal of Waterloo decided to gift himself a New Year present and purchased a Toyota Micato SUV from the Excellent...

Chapter 6 from The Legal and Ethical Environment of Business was adapted by The Saylor Foundation under a Creative Commons Attribution-NonCommercial-ShareAlike 3.0 license without attribution as...

Assignment #1 Directions: Read and answer the questions below.This assignment is to be completed in two steps.Step One of the assignment is due on October 7, 2021, before class.For Step One, you are...

GREEN CAST, INC. Green Cast, Inc. produces and sells a line of ovenware (Oven-Safe Classic) that goes from oven (conventional or microwave) to the refrigerator without breaking. Its design is...

Computing real exchange rates Consider a basket of consumer goods that costs $60 in Canada. The same basket of goods costs NOK 40 in Norway. Holding constant the cost of the basket in each country,...

Here is a list of the 44 presidents of the United States along with the number of regular vetoes used by each: Use an appropriate graph to describe the number of vetoes cast by the 44 presidents....

A 1 0 3 8 - kg satellite orbits the Earth at a constant altitude of 1 1 0 - km . ( a ) How much energy must be added to the system to move the satellite into a circular orbit with altitude 2 1 0 km ?...

Shared decision making is A. A provision of the Affordable Care Act B. Defined as a collaborative process that allows patients and their provider to make health decisions together C. Both A and B D....

How is malice typically established by a plaintiff who sues in malicious prosecution?

Explain why the defence of volenti non fit injuria is difficult to establish.

Explain the obligations that are imposed on the producer of a product and to whom the obligation is owed.

Solution step by step The proportion of cell phone users with 4G contracts last year was 11: = 0.62. A Verizon executive thinks the proportion has increased this year. Suppose that from a random...

1. A company invests $1,000,000 at the beginning of the year. It adds another $250,000 at the end of the first quarter, withdraws $350,000 at the end of the second quarter, adds $145,000 at the end...

Moerdyk Corporation's bonds have a 10-year maturity, a 9.95% semiannual coupon, and a par value of $1,000. The going interest rate (rd) is 7.70%, based on semiannual compounding. What is the bond's...