Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Which test establishes that a person does not breach a duty of care unless they fail to do what a reasonable person would have done
Which test establishes that a person does not breach a duty of care unless they fail to do what a reasonable person would have done in the circumstances? Select one: Strict liability test No Liability test Reasonable person test Public Liability test Which type of a court order can secured creditors request if the company becomes insolvent? Select one: Disclosure document Compulsory Winding up Criminal Penalty Voluntary Winding up In deciding if a reasonable person would have taken precautions against a risk of harm, the court does not need to consider... Select one: The social utility of the activity that creates the risk of harm The probability that the harm would occur if care were not taken The burden of taking precautions to avoid the risk of harm If the defendant has complied with standard practice within the industry Which of the following is the best description of limited liability? Select one: The liability of the company is limited to the personal debts of its directors The shareholders of the company are not personally liable for the debts of the company The liability of the directors is limited to the debts of the company The company is liable for the personal debts of the shareholders A defendant is not liable for every consequence of their carelessness, only for those consequences that are.... Select one: Too remote or far-fetched Reasonably foreseeable Intended by the defendant None of the above Commencing on or after 1 July 2019, a proprietary company is defined as 'large' for a financial year if it satisfies at least two of which set of criteria: Select one: the consolidated revenue for the financial year of the company and any entities it controls is $50 million or more, the value of the consolidated gross assets at the end of the financial year of the company and any entities it controls is $25 million or more, and the company and any entities it controls have 100 or more employees at the end of the financial year the consolidated revenue for the financial year of the company and any entities it controls is $10 million or more, the value of the consolidated gross assets at the end of the financial year of the company and any entities it controls is $25 million or more, and the company and any entities it controls have 50 or more employees at the end of the financial year the consolidated revenue for the financial year of the company and any entities it controls is $12.5 million or more, the value of the consolidated gross assets at the end of the financial year of the company and any entities it controls is $25 million or more, and the company and any entities it controls have 50 or more employees at the end of the financial year the consolidated revenue for the financial year of the company and any entities it controls is $15 million or more, the value of the consolidated gross assets at the end of the financial year of the company and any entities it controls is $25 million or more, and the company and any entities it controls have 100 or more employees at the end of the financial year Which of the following is a non-delegable duty of care? Select one: The duty owed by the school to its students The duty owed by an employer to their employees The duty owed by an occupier to visitors The duty owed by the hospital to its patients What kind of company is formed on the principle that the liability of members is limited to the amount if any unpaid on their shares? Select one: Company limited by shares Company Limited by guarantee No liability Company Unlimited with share capital What type of defence can be established if the plaintiff was fully aware of the risk at the time the harm was caused and they voluntary assumed that risk and the defendant is relieved of all liability? Select one: Contributory Negligence Voluntary Assumption of Risk Civil Liability Factual Causation What type of disclosure document is required where a Public Company issues new shares? Select one: Proxy Statutory derivate action Prospectus Target's statement Send me as soon as possible I need only Ans not explanation
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started