With regard to the law of negligence, which of the following is FALSE?Select one:,O a. If the court finds that the plaintiff was 40 percent and the defendant 60 percent responsible forthe loss suffered by the plaintiff, the plaintiff cannot recover the 40 percent from the defendant.O b. Some occupiers' liability acts set the standard of care owed by the occupier-namely, to takereasonable care that any person is reasonably safe.Oc To win his action in negligence. a plaintiff must prove, among other things, that the defendantowed the plaintiff a duty of care.Oayou hurt someone and are suec for negligonde, a possible defence is that you didn't intend

With regard to the law of negligence, which of the following is FALSE? Select one:, If the court finds that the plaintiff was 40 percent and the defendant 60 percent responsible for the loss suffered by the plaintiff, the plaintiff cannot recover the 40 percent from the defendant. O b. Some occupiers' liabitity acts set the standard of care owed by the occupier-namely, to take reasonable care that any person is reasonably safe. O c To win his action in negligence, a plaintiff must prove, among other things, that the defendant owed the plaintiff a duty of care. O d. If you hurt someone and are suec for negligence, a possible defence is that you didn't intend to hurt the person.

With regard to the law of negligence, which of the following is FALSE? Select one:, If the court finds that the plaintiff was 40 percent and the defendant 60 percent responsible for the loss suffered by the plaintiff, the plaintiff cannot recover the 40 percent from the defendant. O b. Some occupiers' liabitity acts set the standard of care owed by the occupier-namely, to take reasonable care that any person is reasonably safe. O c To win his action in negligence, a plaintiff must prove, among other things, that the defendant owed the plaintiff a duty of care. O d. If you hurt someone and are suec for negligence, a possible defence is that you didn't intend to hurt the person.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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2. Consider the economic model of tort liability that we studied in class. Use the following functions for the model. p(x) = 1/Vx (that is, one over a square root of x), where x denotes the injurer's precaution level. w = 5, where w denotes the unit cost of taking precaution H = 10,000 (harm from the accident) 1. Now consider the simple negligence rule. a) What level of precaution will the injurer choose if the legal standard of care is set at x*. Draw a graph to illustrate your answer. b) Now assume that the injurer believes that the legal standard of care is set at 0.5x*. Find out the injurer's optimal level of precaution under the simple negligence rule. Draw a graph to illustrate your answer.
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With a contributory negligence rule, the injurer has an incentive to take less than the optimal level of precaution because the cost of the harm is shared by the victim proportional to his or her level of responsibility for the accident. O True O False Moving to another question will save this response. Question 4 of 20 >>>
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