Asked by
shekhar dhakal
on Nov 29, 2024Verified
The standard of conduct which is the basis for the law of negligence is usually determined by a cost-benefit or risk-benefit analysis.
Cost-Benefit Analysis
A systematic approach to estimate the strengths and weaknesses of alternatives used to determine options that provide the best approach to achieve benefits while preserving savings.
Risk-Benefit Analysis
A process of comparing the potential risks and benefits associated with a decision or action, often used in the context of health and safety, business, and environmental policy.
Law of Negligence
A legal principle where a person is held responsible for failing to take reasonable care, resulting in damage or harm to another.
- Gain an understanding of the essential rules and standards employed in the assessment of negligence in tort law.
Verified Answer
GC
Learning Objectives
- Gain an understanding of the essential rules and standards employed in the assessment of negligence in tort law.