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srsbiz srsbiz
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A year ago
Match seven of the legal terms (a-j) with the definitions provided below (1-7).

a.common law
b.constructive fraud
c.breach of contract
d.joint and several liability
e.ordinary negligence
f.third-party beneficiary
g.gross negligence
h.statutory law
i.fraud
j.separate and proportionate liability

________ 1. laws that have been passed by the U.S. Congress and other governmental units

________ 2. absence of reasonable care that can be expected of a person in a set of circumstances

________ 3. lack of even slight care, tantamount to reckless behavior that can be expected of a person

________ 4. the assessment against a defendant of that portion of the damage caused by the defendant's negligence

________ 5. failure of one or both parties in a contract to fulfill the requirements of the contract

________ 6. the assessment against a defendant of the full loss suffered by a plaintiff regardless of the extent to which other parties shared in the wrongdoing

________ 7. existence of extreme or unusual negligence even though there was no intent to deceive or do harm; also termed recklessness
Textbook 
Auditing and Assurance Services

Auditing and Assurance Services


Edition: 17th
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hfrankoshfrankos
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A year ago
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